Skandia launches IHT guide as liable estates double

According to HMRC data, the number of estates facing an IHT liability has more than doubled from approximately 18,000 in 1997/98 to approximately 37,000 in 2006/7. Skandia says although public concern about IHT has grown in similar proportions, knowledge and understanding may have fallen behind. Colin Jelley, head of tax and financial planning at Skandia, says: “IHT is becoming an increasingly public issue. “Clients are pro-actively seeking support and advice on IHT planning, which was not the case five years ago. “As a result there is demand for generic information on IHT, how it w...