31st October 2024
A number of changes to Inheritance Tax (IHT) were announced as part of the Budget measures. We have covered each of the…
26th September 2024
Most gifts made during a person’s lifetime are not subject to tax at the time of transfer. These gifts, known as "potentially…
15th August 2024
The Inheritance Tax Residence Nil Rate Band (RNRB) is a transferable allowance available to married couples and civil partners when their main…
1st August 2024
There are several types of reliefs from Inheritance Tax (IHT), one of which is IHT Business Relief. This can be a significant…
25th July 2024
There are special rules concerning the liability to IHT of a transfer made during one’s lifetime. For example, most gifts made during…
11th July 2024
As a general rule, an individual who inherits property, money or shares is not liable to pay tax on the inheritance. This…
6th June 2024
The Inheritance Tax residence nil rate band (RNRB) is a transferable allowance for married couples and civil partners (per person) when their…
9th May 2024
There are special rules concerning the liability to IHT of a transfer made during a lifetime. For example, most gifts made during…
25th April 2024
The Inheritance Tax residence nil rate band (RNRB) is a transferable allowance for married couples and civil partners (per person) when their…
18th January 2024
Most gifts made during a person’s life are not subject to tax at the time of the gift. These lifetime transfers are…