Inheritance tax (IHT) planning is a massively important area for advisers to keep on top of. Here, PA outlines seven key ways to help clients limit their tax bills
Close to 800,000 homes in Britain are now worth at least a million pounds meaning their owners could face potential IHT liability on death. Here, Wealth Club outlines seven key points to share with clients to limit their exposure. Chief executive Alex Davies said: "Inheritance tax is regularly described as the most unjust and hated of all taxes. After paying tax for a lifetime, it may seem unfair to then be taxed on the wealth you leave behind. "Traditionally IHT didn't impact many people because the thresholds were set very high, but with rising house prices many more people will no...
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