Ten ways to reduce an IHT bill

Increases in property values, stockmarkets and cash savings balances, together with the freezing of the IHT allowance since April 2009, have combined to push IHT receipts higher. Recent figures published by HM Revenue & Customs showed IHT receipts have grown 60% over the last five years - from £2.9bn in 2011/12 to £4.7bn in 2015/16 - and have been increasing year on year since April 2009, the year in which the IHT allowance was frozen. But there are still ways to reduce the tax bill by focusing on the key areas of estate gifting, investment, and insurance, says Hargreaves Lansdown. ...