The UK Treasury has been receiving record-breaking Inheritance Tax (IHT) receipts. IHT receipts amounted to approximately £7.09 billion in 2022/23, compared with £6.05 billion in the previous financial year.
Due to rising property prices more of us are falling into the IHT liability category
Are you married or in a registered civil partnership?
You can pass your assets to your partner IHT-free (in most cases)
Start conversations with your loved ones
With thousands more households now falling into the inheritance tax liability category, it is important that you have a conversation sooner rather than later
Your estate consists of everything you own including:
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