Latest News with Inheritance tag

Inheritance Tax Planning: No Time to Wait

17th November 2015

You don’t need to be rich for inheritance tax (IHT) to be an issue. In many parts of the UK, owning your home alone pushes you above the threshold. IHT Threshold and Rates The key numbers to know are £325,000 (IHT threshold) and 40% (IHT rate). The first £325,000 of an individual’s estate are tax-free. […]