Tag Archives | inheritance tax

Inheritance tax – how to minimise your liability

Small business owners who work hard to build up their businesses may feel that the current Inheritance Tax (IHT) regime is unfair. The current threshold of £325,000 will remain in place until 2015 and if you leave behind anything more than this the tax will be charged at 40% on anything extra. Inheritance Tax is […]

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How to reduce your Inheritance Tax liability

One resented tax that can hinder how much of your hard-earned assets are passed to your children, friends and family is Inheritance Tax (IHT). The thought of paying IHT can leave you feeling irritated because it’s likely that some of your hard-earned assets cannot be passed to your loved ones without a huge chunk of […]

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