Your Money ; Tim Cosby, a Chartered Financial Planner at Langtons Advises On Inheritance Tax

Summary

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IRECENTLY discussed the effects that Inheritance Tax (IHT) could have on an estate. Assuming that values of properties and investments are steadily recovering, this highly punitive tax will have an increasing impact on personal taxation.

HM Revenue and Customs confirm that in 2008 Pounds 3.8 billion was paid in IHT. This was at a time when asset values and house prices were relatively low.

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Extract

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Your Money ; Tim Cosby, a Chartered Financial Planner at Langtons Advises On Inheritance Tax

Quite understandably the question was put to me: "Is there anything that can be done to offset this tax charge?" The answer is yes and there are several opportunities available to r...

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