Reader Question: What are the inheritance tax rules if I give money away to my children? I am intending to give my children £20,000 each when I downsize. This will leave my current estate £60,000 under the inheritance tax threshold. At what stage will this become a problem? I am 74....
FREE: The DIY investing techniques that turned £200,000 into £2.2million Reader Question: If you inherit over £10,000,000 from abroad, what tax would there be to pay in the UK? My answer: Broadly speaking you could end up paying Income Tax, Capital Gains Tax or Inheritance tax on any assets you...
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