Inheritance Tax: 5 shrewd strategies for reducing a potential bill
If your estate could be liable for Inheritance Tax, there might be some steps you could take to reduce or…
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Inheritance Tax: The basics you need to know about the “death tax”
Inheritance Tax could reduce the wealth you leave for your family when you pass away. Around 4% of estates are…
How to use life insurance to cover a future Inheritance Tax bill for your family
The amount HMRC collected through Inheritance Tax hit a record high in 2023/24. If your estate could be liable for…
3 essential factors to consider if you plan to gift wealth to avoid Inheritance Tax
Figures suggest more people are gifting assets to loved ones to reduce a potential Inheritance Tax bill. However, while it…
Market volatility means thousands of families may have overpaid Inheritance Tax
The way Inheritance Tax is calculated could mean some families have overpaid. Falling property prices could mean more people also…
1 in 40 homes is now worth more than £1 million and it could affect Inheritance Tax liability
If you’re preparing to take out a mortgage, working with a mortgage broker can be valuable. As well as helping…
Here’s why your pension could reduce your estate’s Inheritance Tax liability
If you’re preparing to take out a mortgage, working with a mortgage broker can be valuable. As well as helping…
The 2022/23 tax year ends on Wednesday the 5th of April
After this date, many allowances will reset, so it could be your last chance to use some of them.
5 crucial things you need to consider when reviewing your estate plan
If you have an estate plan, you shouldn’t simply forget about it. Instead, regular reviews can help ensure it continues…
Inheritance Tax receipts rise again. What can you do to minimise the bill?
The amount of Inheritance Tax paid has increased and a freeze on allowances means it will affect more families in…
How a life insurance policy could help you preserve an inheritance for loved ones
If your estate could be liable for Inheritance Tax, taking out an appropriate life insurance policy could help your loved…
How a will can help you reduce Inheritance Tax
A will is an essential part of your estate plan and it could help reduce the amount of Inheritance Tax…
Sussex IFAs on ‘Why you should have a Power of Attorney in place’
If you don’t have a Power of Attorney in place, Adrian Moy, one of Pembroke Financial Service’s Independent Financial Advisers…
What price our tax reliefs? Some of them may be in the next Chancellor’s firing line
Have you ever pondered the overall cost of the tax reliefs which you enjoy when you look at your annual…
The lasting power of peace of mind
More people are now setting up a Lasting Power of Attorney (LPA)… and not just those in later life. The…
Could We See the Back of Inheritance Tax?
Widely regarded as the most unpopular tax, IHT is under scrutiny from both government and opposition. Is it time it…
How well do you understand inheritance tax?
Only one in four respondents to an HMRC survey completely understood how the inheritance tax (IHT) system could work for…
Inheritance tax reductions ahead of potential reform
Future increases to the residence nil rate band might be in question, thanks to the OTS review of inheritance tax.…
Shake up your New Year’s resolutions
New year, new resolutions to break? Try our four financial resolutions with long term benefits. Have your New Year resolutions…
Tax Planning: Unmarried couples lack the rights of married couples
Two recent events have shone different lights on the government’s view of unmarried couples. As the graph shows, marriage has…
HMRC spotlights IHT returns as a new case shows risks of late planning
Imagine you are named as the executor and a beneficiary of your wife’s wealthy aunt. You learn that she is…
Record inheritance tax revenues ahead of simplification review
As inheritance tax (IHT) receipts hit a record for the Treasury, is it time to review your estate planning ahead…
Government refund for Power of Attorney fees for registration between April 2013 and March 2017. Are you eligible?
You could well be due a refund if you have registered a Power of Attorney in recent years. It’s not…
Inheritance tax receipts hit a new high according to HMRC
Inheritance tax (IHT) is raising more than ever according to HM Revenue & Customs. How much do you want to…