23 Dec Useful Information What are the inheritance tax thresholds and who pays? 2 January 2025 By Daniel In this article, we explain the different types of inheritance tax thresholds and who is responsible for paying this tax. Nil Rate Ban... Continue reading
23 Dec Useful Information Can I put my house in my children’s name to avoid inheritance tax? 2 January 2025 By Daniel Yes, you can put your house in your children’s name or transfer the house to their name to bring down your overall inheritance tax (IHT... Continue reading
23 Dec Useful Information What makes up a person’s estate when they die? 2 January 2025 By Daniel A person’s estate is made up of all the assets they own or were responsible for at the time of their death, including but not limited t... Continue reading
23 Dec Useful Information How much can I inherit from my parents tax-free in the UK? 2 January 2025 By Daniel At a basic level, you can inherit up to £325,000 from your parents completely tax-free, however, this may increase to £500,000 if they ... Continue reading
23 Dec Useful Information What items are exempt from inheritance tax? 2 January 2025 By Daniel There are a number of items that are exempt from inheritance tax in the UK which revolve mostly around gifting and charitable donations... Continue reading