Beginners' guide to Inheritance Tax Planning

This guide...

Benjamin Franklin was right when he said the only two certainties in life were ‘death and taxes’. And when it comes to inheritance tax, the two things collide.

But why should the taxman take some of your assets when you die – especially since you have probably already paid income tax on the money earned to buy them and capital gains tax on any profits.

While it’s more difficult to eliminate completely than it used to be, there are ways to reduce the amount of inheritance tax you have to pay. This guide explains how the tax is levied and how you might keep your payment to a minimum.

The information in this guide is based on current tax rules and legislation, which could change in the future.

Tax treatment depends on the individual circumstances of each client and may be subject to change in the future.