Her Majesty's Revenue & Customs (HMRC) claimed back almost £90m last year by challenging the inheritance tax (IHT) valuations on the property of people who died, figures show.
Angela Foyle, tax partner at BDO, explains how proposed inheritance tax breaks to encourage charitable legacies could work in practice for your clients.
Placing life insurance policies ‘under trust' could save Britons £448m in inheritance tax, according to a new report.