5 Options to Reduce Inheritance Tax

inheritance tax forms

Inheritance tax is set to be a very big earner for the UK government in the next couple of decades as the baby boomer generation pass down homes and other assets with significant market value.

Inheritance tax is payable at 40% of the taxable gain so your liability could easily be several hundred thousand pounds especially in the south east where property values are so high.

Let’s take a look at some of the basics relating to Inheritance Tax and how we can reduce our liability.

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