Investment opportunities abound in IHT structures

More opportunities should arise for investors to use IHT structures to mitigate tax, said Scottish Equitable International (SEI), following the British Chancellor's announcement in the budget that the nil rate band for inheritance tax (IHT) would only rise by 3%. SEI feels as the Chancellor announced the nil rate band for inheritance tax will only rise to £263,000 from £255,000, there are still plenty of opportunities in this market for investors. According to Margaret Jago, technical manager at SEI, in recent years, the IHT nil rate band has not kept pace with house price inflation, w...