by johnireland | Tax Talk
Why Business Owners Should Treat Inheritance Tax as a Balance Sheet Risk, Not a Future Problem For many business owners and property investors, Inheritance Tax is seen as a distant concern — something to be dealt with later. In reality, it is a balance sheet risk that...
by johnireland | Tax Talk
Giving assets away during your lifetime is often presented as a simple way to reduce Inheritance Tax, but in practice it requires careful planning. Many families make gifts believing they are immediately outside their estate. In reality, most lifetime gifts fall under...
by johnireland | Tax Talk
Gifts, the Seven-Year Rule, and the Tax Traps Families Miss Giving assets away during your lifetime can be effective for Inheritance Tax planning — but only if the rules are properly understood. Gifting is often seen as a straightforward way to reduce Inheritance Tax...
by johnireland | Tax Talk
Common Inheritance Tax Planning Mistakes That Cost Families Thousands Inheritance Tax (IHT) is one of the most misunderstood taxes in the UK. Despite this, many families assume that having a basic Will in place is enough to protect their estate. Unfortunately, poor or...
by johnireland | Tax Talk
The Autumn Budget: What Really Matters Now the Dust Has Settled In the days immediately following the Autumn Budget, commentary tends to focus on headlines — what was announced, what changed, and what did not. For many business owners and property investors, however,...
