Inside the members area you'll find lots of specialist inheritance tax planning articles.

Inheritance Tax Calculators Transferable Nil Rate Band Calculator Use this calculator to work out the amount of nil rate band that can be transferred from a deceased spouse. Simply enter details of the date of death and assets/bequests of the deceased spouse and this calculator will calculate the increased nil rate band you're entitled to for inheritance tax purposes . . . keep reading Inheritance Tax Calculator Our unique Inheritance tax calculator calculates the amount of inheritance tax (IHT) on your estate. It takes account of business assets, interspouse transfers, gifts and transfers to trusts, as well as the transferable nil rate band provisions . . . keep reading

Family Home - IHT Planning Tool Family Home - Inheritance Tax Planning Tool For most people the family home represents a significant part of their estate and is probably the key asset to consider for Inheritance Tax Planning. This interactive tool guides you through the various options and tax planning techniques available to you to reduce the Inheritance Tax liability on the family home. Available for Gold Members Only. . . . keep reading

New - Free UK Inheritance Tax Help! Members can access our new Inheritance Tax Consultancy Section. This includes detailed scenario based tax planning Q&A's. New Q&A's are to be added to this daily.

Free Inheritance Tax Guide Leaving The UK To Avoid Inheritance Tax Emigrating to avoid Inheritance Tax is completely different to emigrating to avoid Income Tax or Capital Gains Tax. In this special tax guide we look in detail at exactly how you can avoid inheritance tax by leaving the UK. Some of the topics covered include: Exactly how you can lose UK domicile by leaving the UK How your deemed domicile position will impact Practical issues you'll need to deal with when avoiding IHT by losing your domicile How to make the most of the Inheritance Tax exemption not only for overseas assets, but also for UK assets How to test your domicile status Best countries to move to to avoid Inheritance Tax . . . keep reading Free To Members. All tax guides are unique to WealthProtectionReport.co.uk and written by a Chartered Accountant and Chartered Tax Adviser.

Pay Less Inheritance Tax Dangers of a non binding side letter for IHT purposes 16/01/2012 If you want to leave specific items to friends or relatives there are various options available to you. In this article we look at the dangers of using a non binding side letter and it's implications for inheritance tax purposes . . . keep reading What to do and when to avoid Inheritance tax 14/11/2011 You're probably already aware of some inheritance tax planning techniques. The 7 year survivorship rule in particular is pretty well known, however in this article we look to bring it all together to tell you exactly what you can do and when to avoid inheritance tax. . . . keep reading New provisions to reduce the rate of IHT to 36% 02/11/2011 For deaths occurring after 5 April 2012, the rate of IHT will be reduced by 10% (from 40% to 36%) for estates that include charitable legacies of at least 10% of the net taxable estate. In this article we look at how this could operate . . . keep reading Why you have to move abroad for 4 years before you lose your deemed UK domicile 19/09/2011 Many non doms living in the UK will be within the scope of UK inheritance tax ('IHT') on the basis that they have the UK as their deemed domicile. This will be the case if they've been resident in the UK for 17 or more of the last 20 tax years. In this article we look at the UK tax implications of moving abroad to lose deemed domicile . . . keep reading Putting life insurance into a flexible gift trust or bare trust to reduce inheritance tax 12/08/2011 When planning for inheritance tax, any payouts under a life insurance policy can be included in your estate for inheritance tax purposes unless you arrange for the policy to be held in trust. This article looks at the tax implications of using a flexible gift trust or a bare trust to hold an insurance policy . . . keep reading Inheritance tax planning for US citizens living in the UK 01/04/2011 US citizens living in the UK are frequently interested in UK and US estate tax planning opportunities. In this article we look at some of the common tax planning structures for US citizens living in the UK and assess the impact of the UK-US estate tax treaty . . . keep reading Avoiding Inheritance tax (a CLT) on a transfer to an offshore company 28/01/2011 One of the often forgotten implications of a transfer to an offshore company is that this is a chargeable lifetime transfer ('CLT') for inheritance tax purposes. In this article we look at how the 20% IHT charge on a CLT to an offshore company could be avoided . . . keep reading Transferring shares to the next generation and avoiding capital gains tax and inheritance tax 26/01/2011 Many people want to pass assets and in particular shares or other business assets onto their children. This could be in the hope of avoiding inheritance tax or simply as a means to give children a 'good start' in life. Any transfer of shares will however have tax implications and these should be carefully considered. This article looks at the transfer of shares and reducing capital gains and inheritance tax . . . keep reading Inheritance tax and your family company 20/12/2010 Given the current rate of inheritance tax is 40% this can represent a substantial tax charge, particularly if you have valuable assets such as shares in your family company. In this article we look at when and how such shares can and can't qualify for inheritance tax relief . . . keep reading Latest case on Business Property Relief for IHT 24/11/2010 The recent court case covering the availability of business property relief ('BPR') will be of interest to many land/property owners. In this article we look at the facts of the case, the decision of the court and its impact for our members . . . keep reading Using a Parallel Company to Reduce Inheritance tax 05/11/2010 Shareholders in small companies will no doubt consider their inheritance tax position. In most cases of course business property relief ('BPR') will eliminate any inheritance tax charge. This article looks at cases where full BPR will not be due and other options to avoid inheritance tax by using a parallel company. . . . keep reading Emigrating from the UK to avoid Inheritance Tax 01/11/2010 Leaving the UK to avoid inheritance tax needs to be looked at completely separately from leaving the UK to avoid income tax or capital gains tax. Following requests from members we've looked in this article at how you would look to emigrate from the UK to avoid inheritance tax . . . keep reading Recent case on when a failure to take pension leads to IHT liability 10/09/2010 In a recent case, the executors of a woman's estate have been ruled to be liable for Inheritance Tax (IHT) on the value of her pension fund, after she failed to take her pension when she was terminally ill. In this article we look at the facts of the recent case . . . keep reading New HMRC approach to domicile enquiries for inheritance tax purposes 27/08/2010 HMRC will usually only enquire into your domicile status where it is directly relevant in terms of an immediate UK tax liability. One of the key occasions where domicile is an issue, particularly for non residents, is on a transfer to an offshore trust. In this article we look at the impact of the recent change in HMRC guidance in this area . . . keep reading How a recent case means you might be subject to IHT on your pension fund 24/05/2010 A recent court case has thrown up some previously unforeseen consequences in terms of the inheritance tax treatment of pensions. In this article we look at the inheritance tax treatment of pensions, the facts of the recent court case and what impact this could have on your inheritance tax position . . . keep reading Using estate tax treaties to avoid the deemed domicile rules 15/02/2010 Irrespective of your actual 'domicile' you can be treated as a deemed UK domiciliary which will result in your worldwide estate being subject to UK inheritance tax. In this article we look at how estate tax treaties can be used to prevent you being classed as a deemed domiciliary and how this can avoid UK inheritance tax. . . . keep reading When the 7 year inheritance tax survivorship period can be avoided 30/12/2009 It's well known that you can make gifts of any assets within your estate and provided you survive for seven years they will be free of inheritance tax. This applies for transfers to trusts as well as individuals. However, if you or your relatives are old or infirm seven years may be too long. This article looks at the options for reducing inheritance tax without needing to survive for seven years . . . keep reading Transfers to a QROPS and UK Inheritance Tax 18/11/2009 Following a post in the forum, in this article we've considered the inheritance tax ('IHT') implications of a qualifying recognised overseas pension scheme ('QROPS') for both UK domiciliaries and non UK domiciliaries. . . . keep reading UK tax and gifting cash abroad 10/07/2009 If you're considering gifting overseas cash to family members you should ensure that you carefully consider the UK tax implications. In this article we look at the income tax and inheritance implications for both UK domiciliaries and non UK domiciliaries . . . keep reading Investing in commercial property tax efficiently 19/06/2009 Investing in commercial property is still popular, even given the current economic climate. In this article we look at the income tax, capital gains tax and inheritance tax implications of investing in commercial property . . . keep reading More

Inheritance Tax Articles