Tag Archive: Inheritance Tax

Estate Planning in the UK – How to Minimize Inheritance Tax and Preserve WealthRead more

Estate Planning in the UK – How to Minimize Inheritance Tax and Preserve Wealth

Amidst rising interest rates and high inflation figures, it has become all the more important to do estate planning. Know what is estate planning? You may have heard about will or power of attorney. Well, these are all legal documents that are necessary to create to ensure that a person’s wishes are carried out and... View Article

29.02.2024Tax Saving

Inheritance Tax – All You Need To Know

Inheritance tax is the tax on the estate of someone who has expired that includes his/her property, money and other possessions. The standard rate of inheritance tax is 40% but it is applicable only on the value of the estate that is above the tax-free threshold which is currently £325,000. For example if you have... View Article

16.07.2022News