Inheritance Tax Archives - Page 2 of 6

Inheritance Tax

Do you need to worry about inheritance tax?

By Damien Fahy

6 min Read 12 Apr 2022

Finding out if you are subject to inheritance tax (IHT) and how much you may have to pay can be...

Inheritance Tax

Do I have to pay inheritance tax on my parents’ house?

By Damien Fahy

11 min Read 11 Apr 2022

Inheritance tax (IHT) is one of the most controversial taxes. People often question why the taxman takes money from the...

Inheritance Tax

How to calculate inheritance tax and our free IHT calculator

By Damien Fahy

7 min Read 08 Apr 2022

What is inheritance tax and how does it work? In the UK there has been some form of inheritance tax...

Inheritance Tax

Make a Will Online review - The only 'solicitor-checked' online will writing service

By Andy Leeks

9 min Read 06 Jul 2021

Making a will is important as it ensures that your money, property and possessions are distributed in accordance with your wishes when you die. Additionally, a will can provide details...

Inheritance Tax

What happens if I die without a Will?

By Liam Fahy

11 min Read 18 Jun 2021

What is a Will and do I need one? A Will is a legal document that sets out what is to happen to your estate when you die. As well...

Inheritance Tax

Who can inherit if there is no will – the rules of intestacy explained

By Liam Fahy

12 min Read 25 May 2021

What is intestacy? If someone dies without a valid Will then they will be known as having 'died intestate' and their estate (money, property and belongings) must be distributed according...

Inheritance Tax, Tax

Inheritance tax (IHT) taper relief on gifts explained

By Damien Fahy

8 min Read 25 May 2021

This is a popular question and often causes confusion. So I thought I'd lay out a brief explanation of how inheritance tax (IHT) taper relief works. But first I suggest...

Income Tax, Inheritance Tax, Quick Savings, Tax

New tax year changes for 2021 - how will they affect me?

By Andy Leeks

5 min Read 06 Apr 2021

As of the 6th April 2021 we move into the new 2021/22 tax year. Every year we see changes to thresholds and rates and this tax year is no different....

Inheritance Tax

What is a will and should I get one?

By Liam Fahy

13 min Read 08 Oct 2020

Getting a Will has never been easier thanks to improved technology and an increase in competition. In this article we look at how to get a will, whether you need...

Income Tax, Inheritance Tax, Quick Savings, Tax

New tax year changes for 2020 - how will they affect me?

By Andy Leeks

5 min Read 09 Apr 2020

As of the 6th April 2020 we move into the new 2020/21 tax year. Every year we see changes to thresholds and rates and this tax year is no different....

Income Tax, Inheritance Tax, Quick Savings, Tax

New tax year changes for 2019 - how will they affect me?

By Andy Leeks

4 min Read 12 Apr 2019

On the 6th April 2019 we moved into the new 2019/2020 tax year. Every year we see changes to thresholds and rates and this tax year is no different. In...

Tax Mitigation, Inheritance Tax, Ask Damien

Reader Q: If I give my kids £90k will they be hit with an Inheritance tax bill if I die?

By Damien Fahy

5 min Read 05 Dec 2017

Reader Question: How can I give money to my children without paying inheritance tax (IHT) Can I give cash to my family before I die without any comeback to my...

Inheritance Tax, Tax

Here's what you should be doing NOW about inheritance tax

By Damien Fahy

6 min Read 04 Dec 2017

Throughout my career in financial planning I've always been struck by the lack of planning when it comes to passing money on to children and the next generation. There is...

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Inheritance Tax

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