Year-End Tax Planning and Inheritance Tax: What you should know?
You are entitled to give away an Inheritance Tax-free gift of £3000 annually. Such gifts are dubbed by HMRC as ‘exempted gifts’. If you have not used annual exemption in…
You are entitled to give away an Inheritance Tax-free gift of £3000 annually. Such gifts are dubbed by HMRC as ‘exempted gifts’. If you have not used annual exemption in…
You are in your late 60s or 70s and have no child. So, you have decided to pass on your entire state -- let’s suppose, worth around £2 million --…