by johnireland | Articles
The Seven-Year Rule Is Not What Most People Think Ask most people how inheritance tax works on lifetime gifts, and they will tell you something along these lines: give money away, survive seven years, and it is tax-free. That is broadly correct — but the detail...
by johnireland | Tax Talk
The Gift Allowances Most Families Never Use Fewer than one in five families take full advantage of the gift exemptions available to them — and the result is thousands of pounds in unnecessary inheritance tax every year. Here is what you can give away tax-free right...
by johnireland | Articles
Most Families Never Use Their Gift Allowances — And Pay More IHT Because of It Every year, thousands of UK families pay more inheritance tax than they need to — not because they lack planning options, but because they never use the gift exemptions already available to...
by johnireland | Tax Talk
Pension Planning Is Shifting — and That Changes Estate Strategy Key Insight Changes to pension treatment are reshaping how they fit within estate planning, requiring a more flexible and proactive approach. For many years, pensions have occupied a unique and...
by johnireland | Tax Talk
Frozen Inheritance Tax Thresholds: Why More Families Are Being Caught Inheritance tax thresholds have remained unchanged for years, but rising asset values mean more families are now being drawn into the tax net — often without realising it. Key Insight With...
