Do you know how much IHT your estate is liable for?
Thinking about Estate Planning and IHT well in advance ensures that assets can pass to your chosen beneficiaries in a tax efficient manner. However, do you need to bother with estate and IHT planning? To help you find out, we have put together a simple table that allows you to work out your Net Worth. From this you can then see how much IHT you are liable for - you may be surprised.
Read more about Estate Planning and IHT, as well as the following articles in our February bulletin:
- Changes to Property Taxation Means you Could be Making ‘45%’ less than 10 Years Ago
- Tax Free Benefits
- GDPR Workshop: Final Preparations
- Key Tax Dates for February 2018
- Xero Add-On of the Month - Chaser