Most people consider inheritance tax (IHT) to be a tax on death.

However, it can also affect you in your lifetime. You need to think about IHT if undertaking a transaction or changing your asset profile from one which qualifies for business property relief (BPR) to something which does not. IHT also is payable when you make transfers into most trusts. 

Helping you reduce your inheritance tax liability

IHT can be a big burden for many people, not just those with large estates. Without the right planning, you could pass on just 60% of your wealth to your loved ones. They might even need to sell assets to pay the IHT. This could be especially distressing if the asset is the family business.

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