Tax & wills - Inheritance tax

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Reduce IHT by giving away falling assets

One positive emerging from the economic gloom is a prize opportunity to cut inheritance tax bills, by giving assets away while their value has fallen...
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Property for sale signsInheriting a hefty tax bill

The housing slump threatens to leave those who inherit a property facing huge tax bills running into tens of thousands of pounds...
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INHERITANCE TAX

Phil Scott Philip Scott asks two inheritance tax specialists for their tips.
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INHERITANCE TAX ADVICE

A house and coins More of us are set to pay inheritance tax. This is Money can help...
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GUIDE: INHERITANCE TAX

Guides Learn how to reduce your exposure to inheritance tax with our free guide, delivered to your door. Inheritance tax guide

TEN TIPS FOR PERFECT WILLS

graveyard If you don't make a will your only legacy could be a massive legal bill for your family. Let us guide you to the perfect will
Budget 2008

HM Revenue & Customs logoRevenue takes its time in IHT clampdown

The Government has launched a clampdown on inheritance tax that could leave families in limbo...

PensionerHow to claim IHT tax break

Many widows are struggling to acquire the documents they need to qualify for generous new inheritance tax rules...

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Joyce and Sybil BurdenSisters lose fight to have death tax parity with gays

Two elderly sisters fighting for the same right to reduce their inheritance tax liability as married and gay couples have lost a last-ditch legal appeal ...
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David Cameron£2m Tory death duty plan 'cuts tax for rich'

The Tories were accused of handing tax cuts to the rich yesterday over their pledge to let couples with assets of up to £2m escape death duties...
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Country HouseInheritance tax - what you need to know

Inheritance tax is affecting more people. Our guide explains the changing thresholds and shows you how to cut your exposure to this tax...
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A funeral processionThousands wasting almost £1bn on IHT

Thousands of individuals are wasting almost £1bn on inheritance tax by neglecting to write their life policies in trust says new research...
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GraveyardCrackdown on inheritance tax 7-year gifts

The taxman has launched a crackdown on families who use the seven-year gift rule in a bid to reduce inheritance tax...
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INHERITANCE TAX CRACKDOWN

taxman Gifts made in the seven years before people die are to be targeted by the taxman.
>> New IHT crackdown

A funeral processionOnly 10% seek inheritance tax advice

Just one in 10 Brits have sought information about IHT when planning their finances in retirement...
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Margaret LewisMy war veteran father was cheated on IHT

The daughter of a Second World War veteran is fighting the taxman to reclaim inheritance tax she says should never have been paid on his estate...
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Alistair Darling and the Budget boxBudget 2008: Pensions and IHT

There was good news in the Budget for savers with very small pension pots, but little for older people...
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MESSAGE BOARDS

Old people compurter - online. Our readers have some great tips on inheritance tax. Search in our special forum... Tax chat

DEATH TAX WEBCHAT

Cemetery You can't avoid it, but you can reduce it. We got an expert to answer your inheritance tax questions: IHT webchat

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Reading the willAs an executor, do I need probate?

I am executor to a will and will inherit a £100,000 house. There are only a few bequests amounting to £8,000. Does the estate have to go to probate?...

School childrenCould these gifts break IHT rules?

Two readers are worried that attempts to help family members may put them at risk of inheritance tax charges...
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Couple moving houseWill my gift escape inheritance tax trap?

I wish to give my friend a gift of between £20,000 and £30,000 for the deposit on a house. Will he have to pay tax on this money?...
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House, RichmondHow is my parents house sale taxed?

My parents have moved out of their home and instructed me to sell. The proceeds will be split between my sister and I. What are the tax implications?...
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Bills, statements, debtCan I pass on my estate IHT-free?

My first husband died in 1991. I want to use the unused portion of his inheritance tax allowance to pass my estate on to my daughter...

FuneralIHT confusion

My father died leaving everything to my mother. Then my mother died. There are three offspring. We paid £24,000 in IHT. Under the new scheme does that mean that we can reclaim?...
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