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Tag: Inheritance Tax

Afford Bond Chartered Accountants
Inheritance Tax (IHT) receipts set to double by 2030
Taxpayers in the UK are set to pay a total of £10 billion a year in inheritance tax by 2030.  The most recent data from the Office of National Statistics shows that the Government collected £5.2bn in ...
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Alextra Accountants
Year-End Tax Planning Tips
As the end of the 2018/19 tax year approaches, it is worthwhile taking time for some last-minute tax planning. Here are some simple tips that may save you money.   1. Preserve your personal allowance...
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Afford Bond Chartered Accountants
Inheritance Tax and how to reduce it
We discussed IHT, ISA’s and pensions in another blog earlier this year, but after the 2018 Budget, it’s time to review things again. So to recap - what exactly is inheritance tax? Inheritance tax is ...
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Afford Bond Chartered Accountants
Don't let the tax man have your hard-earned wealth
Nobody likes giving more money to the taxman than they have to, especially when it comes to passing on hard-earned wealth to the people or causes that are close to your heart. For that reason, placing...
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Alextra Accountants
Inheritance Tax And Potentially Exempt Transfers
It is possible to make gifts during your lifetime free of Inheritance Tax (IHT), as long as you live for more than seven years after making the gift. Most lifetime transfers are ‘potentially exempt tr...
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