IHT

Three problems with Osborne's policies

High earners have had the tax relief on their pension contributions cut in today's Summer Budget.

George Osborne has confirmed the inheritance tax (IHT) threshold will increase to £1m for couples funded by a pension tax relief cut for people earning more than £150,000.

Welcome to Professional Adviser's as-it-happened coverage of the summer Budget 2015 - with a slant, as always, towards those announcements, issues, outcomes and views affecting UK financial advisers...

Five key announcements advisers can expect from George Osborne

The Chancellor George Osborne is set to confirm an increase in the inheritance tax (IHT) threshold to £1m per couple in this week's Budget.

Mike Morrison's take on HMRC's IHT update

Keep it simple to avoid 'nomination nightmare'

Advisers should be wary about using inheritance tax (IHT) avoidance as a reason to recommend clients make extra pension contributions, according to the head of tax and trust planning at Fidelity FundsNetwork.

There has been a sharp rise in demand for financial advice over the past 12 months, according to accountants, who claimed people have become more aware of pensions and inheritance tax planning.