IHT planning

6% increase in families paying IHT on gifts

Some 1,390 estates paid inheritance tax (IHT) on gifts in the 2023/4 tax year based on the latest available data from HMRC, a 6% rise year-on-year.
Royal London adds estate planning tool for advisers

Royal London has added an estate planning tool to its adviser support suite to help advisers identify clients who may be affected by the addition of IHT on unused pensions.
IHT receipts dip to three-year low

Inheritance tax receipts dipped to a three-year low in August in what Revenue and Customs attributed to a ‘timing effect.’
2 in 3 consumers confused by IHT rules

Almost two thirds (59%) of Britons find inheritance tax (IHT) rules confusing, according to new research.
Half of over-55s failing to keep record of gifts

Over half (54%) of over-55s who have given a financial gift in the last seven years have failed to keep a record of it, according to new research.
AJ Bell Investcentre launches discretionary loan trust

AJ Bell Investcentre, AJ Bell’s adviser arm, has today launched a discretionary loan trust designed for Financial Planners and advisers supporting clients with inheritance tax (IHT) and estate planning needs.