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Category:
Inheritance Tax
IHT – gifts made with reservation of benefits
May 28, 2026
Most lifetime gifts are treated as potentially exempt transfers (PETs) for Inheritance Tax (IHT) purposes. In general, these gifts become…
Tax-free gifts for Inheritance Tax purposes
May 14, 2026
Making gifts during your lifetime can be an effective way to reduce the value of your estate for Inheritance Tax…
Settlor retains interest in settled property
April 16, 2026
The settlements legislation is designed to ensure that where a settlor retains an interest in settled property, the income arising…
The 7-year gift rule is still available
March 26, 2026
The 7-year gift rule is still an available option for those making lifetime gifts, offering a way to potentially reduce…
Tax on inherited property, money or shares
March 19, 2026
As a general rule, someone who inherits property, money or shares is not liable to pay tax on the inheritance…