Trusts and Inheritance Tax Guidance

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Inheritance tax planning

Get to know everything you need to about inheritance tax planning to help your customers keep abreast of tax policy updates.
Latest Guidance
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27 Jun 2019

Lifetime planning from an inheritance tax (IHT) perspective is principally associated with lifetime giving. The broad aim is to reduce the value of a person’s estate and...

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27 Jun 2019

IntroductionSuccession planning can be described as the development of prudent and considered strategies to help protect a business from unnecessary deterioration. Such...

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27 Jun 2019

The qualifying farmhouseOne of the advantages of APR over BPR is the potential ability to claim IHT relief on the farmhouse. Farmhouses are entitled to APR if they...

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27 Jun 2019

This guidance note looks at aspects of IHT planning in relation to landed estates.CharacteristicsThe term ‘landed estate’ refers to a large house in the country with an...

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27 Jun 2019

The family home will often be the most valuable asset in a client’s estate and advisors are frequently asked if there are ways to mitigate inheritance tax (IHT) on the...

Trust_tax_img3
27 Jun 2019

BPR and incorporationIn the current tax climate, many sole traders, partnerships and limited liability partnerships (LLPs) are seeking to incorporate to shelter their...

Trust_tax_img7
27 Jun 2019

Preliminary mattersAn essential first step of any estate planning exercise is to get to know the client and find out all the relevant information about his circumstances...

Trust_tax_img
27 Jun 2019

IntroductionIn many situations it will be relatively easy to determine the business property relief (BPR) status of business property. However, some cases are more...

Trust_tax_img3
27 Jun 2019

This guidance note considers some IHT planning schemes which were popular in the 1990s and early 2000s as a means of removing the value of the home from the taxpayer’s...

Trust_tax_img9
27 Jun 2019

Before October 2007, it was standard practice for married couples with estates large enough for inheritance tax to be an issue to include nil rate band discretionary...

Latest Guidance
Trust_tax_img3
Trusts And Inheritance Tax

Lifetime planning from an inheritance tax (IHT) perspective is principally associated with lifetime giving. The broad aim is to reduce the value of a person’s estate and...

Trust_tax_img9
Trusts And Inheritance Tax

IntroductionSuccession planning can be described as the development of prudent and considered strategies to help protect a business from unnecessary deterioration. Such...

Trust_tax_img7
Trusts And Inheritance Tax

The qualifying farmhouseOne of the advantages of APR over BPR is the potential ability to claim IHT relief on the farmhouse. Farmhouses are entitled to APR if they...

Trust_tax_img4
Trusts And Inheritance Tax

This guidance note looks at aspects of IHT planning in relation to landed estates.CharacteristicsThe term ‘landed estate’ refers to a large house in the country with an...

Trust_tax_img5
Trusts And Inheritance Tax

The family home will often be the most valuable asset in a client’s estate and advisors are frequently asked if there are ways to mitigate inheritance tax (IHT) on the...

Trust_tax_img3
Trusts And Inheritance Tax

BPR and incorporationIn the current tax climate, many sole traders, partnerships and limited liability partnerships (LLPs) are seeking to incorporate to shelter their...

Trust_tax_img7
Trusts And Inheritance Tax

Preliminary mattersAn essential first step of any estate planning exercise is to get to know the client and find out all the relevant information about his circumstances...

Trust_tax_img
Trusts And Inheritance Tax

IntroductionIn many situations it will be relatively easy to determine the business property relief (BPR) status of business property. However, some cases are more...

Trust_tax_img3
Trusts And Inheritance Tax

This guidance note considers some IHT planning schemes which were popular in the 1990s and early 2000s as a means of removing the value of the home from the taxpayer’s...

Trust_tax_img9
Trusts And Inheritance Tax

Before October 2007, it was standard practice for married couples with estates large enough for inheritance tax to be an issue to include nil rate band discretionary...