#potentially exempt transfers

2 stories

#inheritance tax #nil-rate band #taper relief #estate planning #gifting #gifts #hmrc #inheritance tax bill #nfu mutual #pensions #rathbones #seven year rule

Inheritance Tax Seven-Year Rule Misconception
How inheritance tax rules on gifts are misunderstood.
MoneyWeek · 1m
Families lose £1 billion to inheritance tax on late gifts
Over 5,000 estates paid tax on gifts made too close to death, with the seven-year rule catching many families out.
MoneyWeek · 2m