19/07/2026
Inheritance Tax (IHT) is one of the UK's most misunderstood taxes. Many people assume it only affects the wealthy, but with rising property values and increasing personal wealth, more families are finding that their estates may be liable for Inheritance Tax.
In this guide, we explain how Inheritance Tax works in the UK, who pays it, current tax thresholds, available exemptions, gifting rules, and practical estate planning strategies.
Inheritance Tax (IHT) is one of the UK’s most misunderstood taxes. Many people assume it only affects the wealthy, but with rising property values and increasing personal wealth, more families are finding that their estates may be liable for Inheritance Tax. Without careful planning, a significant...