This book shows you how to cut your IHT bill while providing a lifetime income. It offers you a range of the most successful off-the-shelf schemes, all of which are accepted by HMRC.
Inheritance tax now affects more people than ever. If you don't plan ahead, part of your estate could go to the Taxman rather than your beneficiaries. The good news is that there's a range of off-the-shelf schemes that can help. This book analyses each of these schemes in a structured way:
How the scheme works and where can you get it
How much tax you can save
Practical implications to consider
Financial consequences for both donor and beneficiary
Pros and cons of the scheme
With this book, you'll have all the answers you're looking for within easy reach. It will ensure your IHT bill is kept to the minimum.
Covers Finance Act 2013
Who's it for?
Company directors, entrepreneurs, tax advisors and anyone who wants to pass on more of their estate whilst avoiding the Taxman's reach.