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IHT

Give to your children not the taxman

Alliance Trust Savings, one of the country's leading SIPP providers, has shown that individuals can reduce their inheritance tax liability while at the same time provide for the financial future of their children or grandchildren.

Inheritance Tax: Planning and advice

According to the annual Tax Action report, UK taxpayers will waste nearly £2bn this year due to poor inheritance tax planning. Liability to IHT can often be avoided, or at least substantially reduced, with early IHT planning.

Brits waste £2 billion in inheritance tax

UK taxpayers will waste nearly £2 billion this year due to poor inheritance tax planning, according to the annual Tax Action report by unbiased.co.uk, the professional advice website.

Royal London 360° launches new Discounted Gift Trust

Royal London 360° is adding a new trust to its range which reduces the value of an individual's estate for UK Inheritance Tax purposes (UK IHT).

Campaigners challenge unfair rules on inheritance tax

Campaigning tax advisers are calling on the Government to correct a tax quirk which is unfairly hitting elderly widows and widowers.

Estate planning still vital warns AXA

Despite discussion of the inheritance tax (IHT) threshold changing after the next general election, AXA is warning investors that they might still be hit with estate planning issues.

Brits say 'No thanks' to a £2.15 trillion inheritance

As two thirds (66%) of the UK's over 55s - or 10.9 million people - look to leave their relatives more than £2.15 trillion in their wills, Aviva - the UK's largest insurer - reveals that only 41% of ‘children' actually expect an inheritance.

Legal & General enhances Inheritance Tax offering

Legal & General has enhanced its Inheritance Tax (IHT) offer with a competitive re-price of its Whole of Life Protection Plan.

Brits wasting £2.2 billion in inheritance tax

UK taxpayers are wasting billions of pounds due to poor IHT planning according to annual research by Unbiased.co.uk, the professional advice website. The research shows that the overall amount of unnecessary inheritance tax payments will total £2.2 billion this year.

Cost of confusion sees families hit harder by Inheritance Tax

Confusion could be costing British families thousands of pounds according to new research. The study reveals one in five (21%) of those likely to be liable for Inheritance Tax (IHT) have no idea they will have to pay the death duty.

Only half of Brits intend to leave an inheritance to their families

16 million Brits believe the recession has reduced the wealth they intend to leave their families, according to a new study from Lincoln Financial Group.

UK tax payers waste more on IHT payments than any other tax

UK taxpayers are wasting millions of pounds due to poor IHT planning according to annual research by Unbiased.co.uk, the website promoting the benefits of independent financial advice.

Singles neglect estate planning

One in five single people do not have a will drawn up, risking their dying wishes being unheard and having their estate divided by the law, according to research from Standard Life.

Three out of five people in the dark about estate planning

More than a year after the introduction of the Inheritance Tax (IHT) transferable nil rate band (NRB), nearly three out of five people are still unaware of the new rules and the tax implications, according to research from Standard Life.

UK tax payers waste more on IHT payments than any other tax

UK taxpayers are wasting millions of pounds due to poor IHT planning according to annual research by Unbiased.co.uk. The research shows that the overall amount of unnecessary inheritance tax payments totaled £1.9 billion last year.