Tags: Inheritance Tax

How to minimise your inheritance tax liability

July 17, 2020

With the ever changing economic situation as a result of the global pandemic, now is a good time for people to review their affairs to ensure that they are structured as tax efficiently as possible, so that they minimise the amount of inheritance tax they pay.

NHS workers exempt from Inheritance Tax if they die from Covid-19

April 23, 2020

Emergency services workers, including members of the NHS, are exempt from paying Inheritance Tax if they die from Covid-19.

What is the Residence Nil Rate Band?

April 7, 2020

On 6 April 2020, the inheritance tax residence nil rate band rose to £175,000. This saw the Tories finally fulfil their promise from many years – that couples would be able to leave £1m tax free. But what is the residence nil rate band and is it as simple as couples can leave £1m tax free? The answer is no, it is not that simple!

Inheritance Tax and the Budget – what does that mean for you?

March 12, 2020

Inheritance tax was a hot topic before the budget. What changes would be made? Would a gift tax be introduced? Despite all the speculation the budget was silent on inheritance tax so what does that mean for you?