Trusts and Inheritance Tax
Using the spouse exemption
Arguably, the most important exemption from IHT is the married couple / civil partner exemption.There is no IHT to pay on gifts from husband to wife and vice versa, or from one civil partner to the other (referred to collectively in this note as ‘spouses’). The exemption applies to inter-spouse
23 Mar 2022 10:52
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Produced by Tolley in association with Emma Haley at Boodle Hatfield LLP
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