Inheritance Tax Planning and Trusts  
 TaxWorld: UK Inheritance Tax Planning

UK Inheritance Tax World

Introduction
 
IHT Liability
 
Who Pays The Liability?
 
Mitigating IHT
 
Provision for Liability
 
Trusts
 
Next Steps
 
Select the Above Options for Information on Avoiding Inheritance Tax
 


Avoiding Inheritance Tax

Research the whole taxation gamut, from capital gains tax to UK inheritance tax.

 


IHT - How To Mitigate: Specific Investments


Specific Investments

Some investments qualify for Relief from IHT.  Examples of such investments are:

·         Investments (Shares) in Private Companies

·         Shares in (some) AIM listed Companies

·         Investments in Trading Partnerships

Assets such as these have 100% relief from IHT.  This means that even if they are such that there would otherwise be an IHT liability, no tax is due.  This applies not only to “Lifetime Gifts” but also on death.

As a result of this, there are a number of specialist investment scheme that are available which utilise the tax relief that is available.  There can be a number of investment risks with these investments and as such it is important that these are understood before any investment is made.  Also it is possible that the IHT relief may be removed in the future.  However, for the right investor, they can prove attractive as a part in a diversified portfolio.


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