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Tax Mitigation

Tax Mitigation, Insurance, Inheritance Tax

Life insurance and Inheritance Tax

By Liam Fahy
4 min Read 20 Dec 2024
Following the 2024 Autumn Budget, several aspects of the way inheritance tax works were changed. These include extending the freeze...

Income Tax, Tax Mitigation, Capital Gains Tax, Tax

7 tips for completing your self-assessment tax return 2023/24

By Andy Leeks
9 min Read 18 Dec 2024
Around 26,000 people filed their tax return during the three-day festive period last year, with more than 12,000 choosing Boxing...

Pensions, Tax Mitigation, Inheritance Tax

Can I use my pension to reduce my inheritance tax bill?

By Stela Gineva
6 min Read 15 Nov 2024
Private pensions currently sit outside of your estate for inheritance tax (IHT) purposes but this is due to change in...

Tax Mitigation, Inheritance Tax, Tax, Ask Damien

Reader Q: My estate is £60,000 below the Inheritance tax (IHT) threshold after recent gifts - when will IHT become an issue?

By Damien Fahy
2 min Read 11 Oct 2011
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....

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