Ian Green. This is my blog where I talk about my work in financial services as well as other bits and bobs from my life. The idea is that prospective and existing clients can read more about me, what I do and how I do it. You can view my website at www.iangreen.com where you can also find how to get in touch.
It was recently reported (The Times, The Telegraph, amongst others) that growing numbers of families
are being hit by inheritance tax (IHT) due to rising house prices and the
Treasury forecasts show that the number of people paying IHT
will rise by a third this year, from around 35,000 families to 44,000 families.
Tens of thousands more will be pushed over the £325,000 threshold the following
Inheritance tax is paid at 40% on the value of an estate
over the threshold (or two thresholds, £650,000, for a couple)
The £325,000 figure had steadily risen up until 2009 and at
the moment, has been frozen until at least 2018.
If you’d like to read more about how you could approach
estate planning and Inheritance tax planning, please have a look at my website
and/or read my guides.