'Smoke and mirrors': Why IHT planning is as important as ever

'Window dressing at its sneakiest’

clock • 4 min read

George Osborne pulled a 'smoke and mirrors' trick with his IHT changes earlier this year, writes Paul Wilcox. Here he explains why tax mitigation is as important as ever to clients...

Many financial advisers can be forgiven for wondering which parts of the major changes announced to inheritance tax (IHT) earlier this year will apply to their clients who are of a certain age. Much was made of George Osborne's raising the IHT allowance for those who are married and who are fortunate (in this day and age at least) enough to own their properties. In the case of married couples who live in the ever more prosperous London and the south and east/west Home Counties, a closer scrutiny, however, lays bare the emptiness of the Chancellor's pronouncements. Certainly they do...

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