Category Archives: IHT News

IHT Bills to rise thanks to Supermarkets

IHT Bills The Supermarkets are pushing up peoples IHT bills by flogging life insurance alongside cans of beans. Insurance is not a commodity which can safely be bought off the shelf without advice, according to the Daily Mail, IHT bills will rise.   So … Continue reading

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Revenue tighten noose on IHT Planning

According to the Financial Times, HMRC are considerably increasing their efforts to prevent IHT leakage. Continue reading

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IHT, not stamp duty, will ‘stalk the streets of Chelsea’

It is likely that the stamp duty charges outlined in today’s Budget (15% on properties over £2 million bought via a company) will hit the high end London property market as well as costing wealthy investors more, according to David … Continue reading

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Tax Year End Planning

Tax Year End Planning Once again, were at the tax year end planning stage, so I though a few comments might be helpful.   Do NOT assume that all tax efficient investments are tax efficient as far as you are concerned. ISAs are a … Continue reading

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Business IHT MINISTER POSITIVE ON VITAL TAX QUESTIONS

There are no plans for the Government to make changes to a vital IHT relief for family businesses, according to Treasury minister David Gauke. The Institute for Family Business (IFB) met with the Exchequer Secretary, who is responsible for capital … Continue reading

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Inheritance Tax System Overhaul Needed

Inheritance Tax Overhaul Needed says Grant Thornton  Far fewer people are liable to pay Inheritance Tax (IHT) than is commonly thought according to a report by leading financial and business advisors Grant Thornton UK LLP. A survey of 400 homeowners with … Continue reading

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INHERITANCE TAX – payment is optional if you plan ahead..

Inheritance Tax Secrets is a simple guide to saving tens or even hundreds of thousands of pounds in needless IHT… Continue reading

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New IHT incentive will dramatically up philanthropy

Brewin Dolphin finds IHT break could double charitable legacies But 63% still do not have a will Writing a will and dividing your estate is a daunting prospect for many of us and Brewin Dolphin, one of the UK’s largest … Continue reading

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Normal Expenditure Out Of Income (IHT Saving)

Normal Expenditure Out of Income   This change to normal expenditure out of income record keeping merely re-enforces the guidance our Manual  has offered for many years.  Keeping Rrecords of Normal Expensidture Out of Income as an IHT Planning Tool … Continue reading

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And to my children and grandchildren I bequeath a lifelong struggle…

And to my children and grandchildren I bequeath a lifelong struggle… tax planning becomes even more important Continue reading

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