Inheritance Tax
Understand inheritance tax rules, exemptions and strategies to reduce your liability. Topics include transfers, excluded property, trusts and practical approaches to tax planning.
Cut Your IHT Bill with a Discounted Gift Trust
Use a discounted gift trust to reduce your inheritance tax bill as interest rates fall and allowances increase.
Distribution of the Estate
Without a will, your spouse gets your whole estate only if it's under £250,000, otherwise the rules are complicated and your children may inherit instead.
Excluded Property from Inheritance Tax
If you're not UK domiciled, certain property types may be excluded from inheritance tax, potentially reducing what your beneficiaries owe.
Exempt and Potentially Exempt Transfers
Gifts and transfers can cut your inheritance tax bill, but they work differently depending on whether you die within seven years of giving them away.
Insurance Policies and IHT Bills
How insurance policies can help cover your Inheritance Tax bill under the new UK rules.
Liability for Tax
Whether you'll pay Inheritance Tax depends on your estate's value, but planning ahead can significantly reduce what your family owes.
Top Tips for Cutting Your Inheritance Tax Liability
Simple ways to reduce what your heirs will pay in inheritance tax before it's too late.
What Is Inheritance Tax?
Inheritance Tax is charged at 40% on estates over £325,000—here's what you need to know about who pays it.