How to Maximise Your Inheritance Tax Allowance in 2026
Here’s something nobody tells you at dinner parties (because who discusses tax at dinner parties?): roughly 96% of UK estates won’t pay a penny in inheritance tax. Yet the 4% who do fork out an average of £180,000 to HMRC. That’s not pocket change—that’s someone’s house deposit, a comfortable retirement nest egg, or your kids’ […]
Inheritance Tax Gifts Rules Every Family Should Know
Here’s something nobody tells you at dinner parties: that £50,000 you’re planning to gift your daughter for her house deposit could end up costing your estate £20,000 in tax. Not because you did anything wrong, but because you didn’t know the rules. I’ve spent years watching families discover—too late—that generosity comes with paperwork. That the […]
What Is Hereditary Tax? Full UK Guide
Here’s something that trips up most people: hereditary tax doesn’t actually exist – at least not in the way you’d think from the name. What we’re really talking about here is inheritance tax, sometimes called death duties by people who remember when that phrase actually meant something official. The confusion? Completely understandable. “Hereditary” sounds like something that passes […]
Inherent Tax vs Inheritance Tax: What’s the Difference?
Here’s a confession: if you’ve been Googling “inherent tax” in a panic at 2am because someone mentioned it at a dinner party and you nodded along knowingly—you’re not alone. Plot twist? There’s no such thing as inherent tax. But there’s absolutely such a thing as inheritance tax, and that’s what people actually mean when they fumble […]
