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 Accounting News & Insights

Latest Tax blog: Ways to reduce your IHT liability

11th February 2013

“The only two certainties in life are death and taxes” – Benjamin Franklin
Inheritance Tax (IHT) is usually payable on an Estate in the event of someone’s death. The current IHT threshold, also known as the 'Nil rate band', stands at £325,000. If your overall Estate is above this level, any excess amount will be taxed at 40% (although there are some exceptions in respect of charities etc)...
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Accounting News & Insights

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Latest Tax blog: Ways to reduce your IHT liability

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