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Tax Insider Tip: Key Exemptions And Reliefs For Inheritance Tax

28th Jul 2017
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The best way to avoid inheritance tax (IHT) is, rather unhelpfully, to die owning nothing after perhaps spending everything! Sadly, this is somewhat impractical for most of us. However, what is perhaps not unrealistic is to consider making lifetime gifts, possibly each tax year, to family members and/or favourite charities.  Gifts to charities are exempt (i.e. outside the scope of IHT), as are certain other gifts.
 
In a recent issue of 'Tax Insider’, Malcolm Finney discusses some of the ways in which inheritance tax on death may be mitigated.

As part of our 'three-free-issue' Tax Insider trial, you'll get this strategy delivered to your doorstep, plus 20 more tax saving articles.

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>> Key Exemptions And Reliefs For Inheritance Tax

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