Asif Patel’s Post

Making use of your inheritance tax allowances: There are various allowances and exemptions for IHT which allow you to make lifetime gifts without them counting as part of your estate for IHT purposes. Read this article to find out how you can take advantage of these. #PersonalFinance

Property price rises and a static inheritance tax threshold means that more people are finding that their estate could be liable to tax. Our latest podcast explores the rules and allowances, highlighting 8 ways to reduce the inheritance tax on your future estate. https://lnkd.in/ek8B_CVX #peterboroughaccountants

We wanted to remind you of the Inheritance Tax (IHT) implications of making cash gifts during the current 2023-24 tax year that will end on 5 April 2024. #InheritanceTax #IHTreliefs

We wanted to remind you of the Inheritance Tax (IHT) implications of making cash gifts during the current 2023-24 tax year that will end on 5 April 2024. #InheritanceTax #IHTreliefs

We wanted to remind you of the Inheritance Tax (IHT) implications of making cash gifts during the current 2023-24 tax year that will end on 5 April 2024. #InheritanceTax #IHTreliefs

A guide to inheritance tax..... Concerned about the impact of inheritance tax on your estate? In the UK, inheritance tax is a 40% levy on estates over £325,000. Whilst there are exemptions and ways to reduce your bill, the regulations surrounding this tax are complex. Read our guide to find out more. #InheritanceTax #Wealth #UKTax

How much do you know about inheritance tax? In the UK, inheritance tax is a 40% levy on estates over £325,000. Whilst there are different ways to reduce or avoid this tax, the laws and regulations are complex. To learn a little more about inheritance tax, read our article today! #InheritanceTax #EstatePlanning #Hampshire

Can I gift my home to my children to avoid inheritance tax? This is one of the questions we are often asked by those looking to reduce or avoid inheritance tax. If you are keen to know the answer, along with some of the considerations you will need to make, read this article, today.

Not planning for the death tax can be very costly: Inheritance tax (IHT) receipts hit an all-time high of £7.1 billion in the 2022/23 tax year and are predicted to continue rising. Read our article to find out more.

See my short article on the U.K. inheritance tax - the current rules, how it may apply to Canadians and how it may change in 2025. Are you a U.K. citizen? If your client answers Yes, you may want to discuss the U.K. Inheritance Tax. I hope you find the article informative.