Inheritance Tax Tip03 Dec 2020
As a way to potentially reduce your total IHT bill and subject to taking detailed legal advice, consider gifting 10% of your assets to registered charities to avail yourself of the benefit of a 36% IHT charge in lieu of the standard 40% rate.
This blog was prepared on 14 January 2020. It is not intended to be advice and should not be relied upon as such. If you require any specific advice or assistance about Wills and Inheritance tax planning, please contact Bruce Hayim by telephone on 020 7486 5131 or by email firstname.lastname@example.org or make an online enquiry here.