Inheritance Tax...
Below are our articles on the subject of Inheritance Tax. If you can't see what you are looking for our other categories are displayed on the left under 'Our Quick Links'...
A Checklist for Avoiding Inheritance Tax
Inheritance Tax is a uniquely unpopular tax. Although first conceived for reasonable reasons (it was designed to break up particularly large...
Arguments In Favour of Inheritance Tax
Despite the Many Objections to Inheritance Tax, there are many arguments in favour of it. It is worth noting when considering objections to...
Changes to the Law 2007
In 2007 the then Chancellor Gordon Brown confirmed changes to Inheritance Tax in his last Budget address as Chancellor. In this last Budget speech he thoroughly...
Common Objections to Inheritance Tax
There are many objections to inheritance tax, a tax that some even go so far as to refer to as the ‘evil tax’. It is easy to see why such a tax would meet with such...
Contestation of a Will
There are instances in which a person may wish to contest a will. This is a very difficult thing to do as the will is the last dying wish of the deceased. In order to...
Grant on Credit
There are extreme and unusual cases in which the Personal Representative and other beneficiaries of the will are unable to raise the initial funds to make an initial...
History of Inheritance Tax in UK
The first ever inheritance tax known to man (although some form of authority taking from the ‘estates’ of the dead is surely as old as humanity is) was implemented by...
Inheritance Gifts with Reservation of Benefit
Whilst it is possible to avoid paying Inheritance Tax on property or other items by giving them as gifts under the Seven Year Rule (whereby if you...
Inheritance Tax - Basics
Inheritance Tax is a Tax payable on the Estate of a deceased person. An Estate includes the complete assets of a person from their house, to other owned property, to...
Inheritance Tax in Other Countries
Inheritance Tax is as ubiquitous as most taxes, with only a few countries opting out of taxing people on their estates at the point of their death (see Inheritance Tax...
Probate and Confirmation
Before a will is honoured certain legal practices must be fulfilled. This has the benefit of ensuring that an impartial element is present to check that the right...
Reduce Inheritance Tax in 5 Easy Steps
Inheritance Tax is one of the most hated taxes levied on Britons; indeed, in a recent survey it came just below Council Tax in terms of...
The Widows' IHT Tax Break
Aside from the obvious emotional aspects, being widowed can have a significant and detrimental financial impact on the individual. As well as from the potentially...
What is Capital Gains Tax: How is My Inheritance Affected?
Capital Gains Tax and inheritance are two complex areas with which many, if not most, people will have to deal with at some point during the...
