Inheritance Tax: How Much Will You Really Pay?
Here’s something nobody tells you at dinner parties: inheritance tax isn’t just for the wealthy anymore. I’ve watched too many families discover this the hard way—right when they’re grieving, already overwhelmed, and suddenly facing a tax bill that could’ve been avoided (or at least reduced) with a bit of planning. The problem? Most people think […]
Succession Tax Explained: What It Means for Your Estate
Right, let’s address the elephant in the room straightaway: there’s technically no such thing as “succession tax” in the UK. Not officially, anyway. What we’re actually talking about when someone mentions succession tax is Inheritance Tax (IHT) – though you’ll occasionally hear old-timers refer to it as “death duty,” which sounds properly Victorian but hasn’t been the […]
