Inheritance tax: Uncle demands end to 'discrimination' against childless

Inheritance Tax And Succession Planning For Family Businesses

For family businesses, passing wealth and control to the next generation can be both a strategic and an emotional journey. However, evolving tax legislation is putting increasing pressure on these transitions especially in light of upcoming changes to Business Property Relief (BPR) and rising tax burdens such as National Insurance increases.These developments are prompting many families to reassess their business structures and succession planni…

IHT confusion driving costly inaction among families

A significant knowledge gap around inheritance tax (IHT) is contributing to costly financial inaction among families, according to new research from M&G. Nearly one in three people (32%) expecting to inherit £300,000 or more say they do not fully understand the rules that govern inheritance tax.

Register for webinar on pensions and tax planning

standfirst: Sign up for our webinar on pensions and inheritance tax mitigation on 15 JulyWith an overhaul of inheritance tax coming down the track, John Kelly, pensions expert and senior wealth management consultant at Mattioli Woods, will present a not-to-be-missed webinar on pensions and inheritance tax planning at 2pm on Tuesday 15 July.The webinar will cover effective IHT, pensions, and inheritance tax mitigation strategies to help protect w…

Inheritance tax: Uncle demands end to 'discrimination' against childless

In last year’s budget, the Government raised the tax free allowance for inheritance tax from €335,000 to €400,000.