30/04/2026
💷 Worried about Inheritance Tax? Here’s what you should know.
Many families are surprised by how much of their estate could go to tax rather than loved ones.
In the UK, Inheritance Tax is typically charged at 40% on estates above the threshold, but with the right planning, that bill can often be reduced.
Here are 3 simple ways to start thinking about it:
1️⃣ Make use of gifting allowances
You can give away part of your wealth during your lifetime, completely tax-free within certain limits.
2️⃣ Don’t rely on pensions alone
Rules are evolving, so relying solely on pensions as an estate planning tool may not be enough going forward.
3️⃣ Don’t leave it too late
Some strategies take time to become effective, early planning makes a big difference.
The key takeaway?💡
Inheritance Tax isn’t just for the very wealthy and it’s not something to leave until later.
If you’d like to understand what this could mean for you or your family, we’re here to help.
