An IHT analysis of the rules governing deductions of debts and liabilities from friends and family

An IHT analysis of the rules governing deductions of debts and liabilities from friends and family

The general rule is that you can deduct debts that the deceased actually owed at the date of death from the value of their estate for Inheritance tax purposes.Often it is unclear whether a loan from f ... (to read the remainder of this article, please log in below.)

This article is for members. Sign in with an active membership to continue reading.

WEALTH PROTECTION REPORT MEMBERSHIP

Practical tax insight for your wealth, property and business.

Forgotten Password?
If you are a current member and have forgotten your password, enter your email address below, and your password will be emailed to you.

Need help with your membership?

New memberships are currently closed. Existing members can continue to sign in and use their membership.

For help with access or renewal, please contact our membership team.

The archive covers several tax years. Check publication dates and current rules before relying on older guidance.

Cookie Control