Remember to make full use of your annual inheritance Tax exemptions. The general annual exemption is £3,000 per donor (plus last year’s £3,000 exemption if you did not use it). Also consider making regular gifts out of your income to minimise the growth of your estate that will be liable to IHT.
Inheritance Tax planning before 6 April 2014
on 19 March 2014 with No Comments
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