Posts Tagged ‘iht’

Inheritance Tax relief on charitable donations predicted to reach record £900 million

Monday, May 22nd, 2017

Amount claimed increased 16% in most recent year, with increased potential for disputes over charitable donations in estates (more…)

Threat of Divorce Among Their Children Putting Parents Off Inheritance Tax Planning

Tuesday, January 3rd, 2017

With divorce rates reaching peak season in January, a new study by Investec Wealth & Investment reveals that one in three (30%) parents are unwilling to provide financial help (more…)

20% jump in amount of Inheritance Tax saved on gifts made in final years of life

Saturday, February 27th, 2016

IHT ‘taper relief’ projected to be worth £35million this year, up from £25million in 2012/13

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Investment in SMEs continues to climb as more private investors attracted by Inheritance Tax reliefs

Monday, August 10th, 2015

Taxpayers are expected to reduce their Inheritance Tax bills by a record £565m this year by investing in unlisted companies*, according to Radius Equity, the provider of tax efficient private equity investments. (more…)

deVere CEO slams plans to charge death taxes on the living

Tuesday, August 12th, 2014

“Shocking and outrageous,” is how the boss of one of the world’s largest independent financial advisory organisations describes plans being considered by the government for people to pay inheritance tax (IHT) whilst they are still alive. (more…)

Millions will be caught out by inheritance tax as property prices soar

Thursday, May 15th, 2014

House prices are on the rise and while it may mean a better return on investment for some, millions of prospective (more…)

PM is right to pledge a reduction of the “most hated tax” threshold

Thursday, March 27th, 2014

David Cameron’s vow to revive the promise to raise the inheritance tax (IHT) threshold to £1m has been hailed as a “vote-winning vow,” by the boss of one of the world’s largest independent financial advisory organisations, because IHT is deemed “the most hated of all taxes.(more…)

IHT planning and investing will be hit by anti-avoidance measures

Thursday, March 21st, 2013

Comment on the effect of the budget on those who borrow to acquire assets by Mark Giddens, Partner of UHY Hacker Young.

Under the heading “Inheritance tax: limiting the deduction for liabilities”, the Chancellor has announced a number of measures that apparently “will only affect individuals entering into avoidance schemes involving debts to artificially reduce the value of an estate”. (more…)

Immediate Inheritance Tax Saving

Monday, July 19th, 2010

I was looking at the best methods of mitigating Inheritance Tax (IHT) immediately. My father is elderly but although he is in reasonable health I have just found out that his wealth will disappear as we will pay 40% tax (£212,000 to be exact) on everything he has over £325,000.

There are a number of options to consider (more…)

Tax rises to come

Thursday, March 18th, 2010

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