How Does Inheritance Tax Work? - Clarity

How Does Inheritance Tax Work?

  • Find out how you can avoid an Inheritance Tax bill
  • What you can give away tax-free
  • How to work out your IHT liability

The so called, “death tax,” can affect you without realising, not just the very rich.

In fact, the Office Of Budget Responsibility predicts that over 45,000 bereaved families will become subject to Inheritance Tax during 2016/17. This is the largest number of families paying it since 1979/80.

Our guide will help you to understand effective estate planning to the right balance between maintaining access to your money when you need it and saving tax.



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