Inheritance Tax

Who pays IHT, at what rate and how can you reduce your liability

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12 articles in this collection
Written by Sindy Allen and Alia Kirkwood

Primary tax reliefs

Inheritance tax relief is available to reduce or remove tax liability for agricultural and business property
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Written by Sindy Allen
Updated over a week ago

Additional Inheritance Tax Exemptions

Gifts: to political parties, of land to housing associations, for national purposes, to heritage maintenance funds, and armed forces exempt
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Written by Sindy Allen
Updated over a week ago

Donations to charity - tax exemptions

Tax advantages of donating to charity in your Will
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Written by Sindy Allen
Updated over a week ago

Inheritance Tax and Gifts

Inheritance tax exemptions and reducing inheritance tax payable on your estate
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Written by Sindy Allen
Updated over a week ago

Lifetime Gift: Tax Exemption

An explanation of lifetime gifts and where they are tax exempt, potentially exempt or chargeable
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Written by Sindy Allen
Updated over a week ago

What is a Lifetime Gift?

Gifts made during your lifetime rather than through your Will may still be liable for inheritance tax
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Written by Sindy Allen
Updated over a week ago

Nil Rate Band (Tax Free Allowance)

An explanation of the Nil Rate Band, Residence Nil Rate Band and how to transfer each allowance
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Written by Sindy Allen
Updated over a week ago

Spouse Exemption

Inheritance tax is not payable on assets left to a spouse or civil partner
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Written by Sindy Allen
Updated over a week ago

Seven-year rule

Gifts made in the last seven years
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Written by Alia Kirkwood
Updated over a week ago

Inheritance Tax Rate

A guide on the current inheritance tax rates, exemptions and lifetime gifts
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Written by Sindy Allen
Updated over a week ago

How Does Inheritance Tax Work?

How inheritance tax is calculated and paid from the estate
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Written by Sindy Allen
Updated over a week ago

Who Pays Inheritance Tax?

Whether you need to pay inheritance tax depends on your domicile status and the size of your estate
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Written by Sindy Allen
Updated over a week ago