Category

Estate Planning

Is IHT in the firing line due to the lockdown?

By | Estate Planning

Did you know that after World War II, the UK government raised inheritance tax (IHT) by 80% and then went as high as 85% in 1969? These figures are much higher than the 40% levied in 2020 on the value of an estate exceeding £325,000. Yet questions have been raised in the press about whether IHT may be in the Chancellor’s sights as we approach the autumn budget.

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