Category: Inheritance Tax

As a general rule, someone who inherits property, money or shares is not liable to pay tax on the

The government recently announced significant changes to the planned reforms to Agricultural Property

Agricultural and business property relief changes that were first announced at Autumn Budget 2024 will

The 2027 reforms will shift more responsibility to personal representatives, who may need to manage

Certain buildings, land, works of art, and other objects of national significance may be exempt from

Gifting assets can cut inheritance tax, but traps like “gifts with reservation of benefit”

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

Trustees must manage assets, follow tax rules, and register with HMRC where required.

A trust is a legal

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

The RNRB is

Before probate begins, you must estimate the estate’s value to see if Inheritance Tax applies. This