From 6 April 2027, new measures first announced in the Autumn Budget 2024 will come into force. These changes will bring most…

Trustees must manage assets, follow tax rules, and register with HMRC where required. A trust is a legal arrangement in which a…

With the Residence Nil Rate Band (RNRB), families can pass on up to £1 million without IHT The RNRB is an additional…

Before probate begins, you must estimate the estate’s value to see if Inheritance Tax applies. This includes valuing the deceased person’s money,…

Married couples can pass on up to £1 million tax-free if they plan their estates carefully. The Inheritance Tax (IHT) nil-rate band…

Despite intense lobbying by the farming community, the proposed reduction in IHT Business and Agricultural Property reliefs are included in the draft…

It was confirmed with the publication of the draft Finance Bill 2025-26 that measures first announced in the Autumn Budget 2024 to…

Double tax on estates can still hit families hard, even with treaties in place. When someone dies with ties to more than…

Lifetime gifts can reduce Inheritance Tax, but survival for seven years and using key exemptions like the £3,000 annual allowance are crucial…

Make regular gifts from your income and avoid inheritance tax. If structured properly, surplus income gifts can support loved ones and stay…