John Humphreys: Timing the timeframes to plan for IHT certainty

Transfers and reliefs

John Humphreys: "Too often overlooked are regular gifts from surplus taxable income that do not impact on the donor’s standard of living, which also qualify for immediate IHT exemption."
John Humphreys: "Too often overlooked are regular gifts from surplus taxable income that do not impact on the donor’s standard of living, which also qualify for immediate IHT exemption."
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The twin certainties of death and taxes come together in the less than welcome shape of inheritance tax but, explains John Humphreys, methods do exist to address potential liabilities in the shorter as well as longer term

It is now more than 300 years since the certainty of "death and taxes" was first observed in published print and the line has gone on to inspire books, television programmes, music, at least one US President...

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