Who pays Inheritance tax? — Unbiased Independent Financial Advisers LtdIf there’s a will, it’s usually the executor of the will who arranges to pay the Inheritance Tax. If there isn’t a will, it’s the…Feb 16Feb 16
How to avoid Inheritance tax? — Unbiased Independent Financial Advisers LtdYou cannot avoid paying Inheritance when it is due, but with expert Inheritance tax planning it can be minimised, or even reduced to zero.Feb 15Feb 15
When is Inheritance tax (IHT) due? — Unbiased Independent Financial Advisers LtdIf your estate has an inheritance tax liability, after deducting any liabilities, exemptions and reliefs, the people you want to leave…Feb 15Feb 15
What is Taper Relief? — Unbiased Independent Financial Advisers LtdTo avoid paying IHT on cash within your estate, gifting money to your beneficiaries during your lifetime can sometimes be an advisable…Feb 13Feb 13
Inheritance Tax for married / civil partner couple — Unbiased Independent Financial Advisers LtdThere are specific IHT rules that apply only to married couples and those in a civil partnership. In most cases, these rules will mean…Feb 12Feb 12
What is Potential Exempt Transfer? — Unbiased Independent Financial Advisers LtdA Potentially Exempt Transfer (PET) enables an individual to make gifts of unlimited value which will become exempt from Inheritance Tax…Feb 12Feb 12
What is residence nil rate band? — Unbiased Independent Financial Advisers LtdA residence nil rate band came into existence on 6 April 2017. The residence nil rate band is an allowance for passing on the family home…Feb 12Feb 12
What is the nil rate band? — Unbiased Independent Financial Advisers LtdThe nil rate band (NRB), also known as the inheritance tax (IHT) threshold, is the amount up to which an estate has no IHT to pay. Each…Feb 12Feb 12
Inheritance Tax (IHT) Planning — Unbiased Independent Financial Advisers LtdInheritance Tax (IHT) PlanningFeb 12Feb 12