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Inheritance Tax: Britons easily reduce IHT bill by £800m through key tax relief

Inheritance Tax: Britons ‘easily reduce IHT bill by £800m through key tax relief Rebekah Evans Replay Video UP NEXT Inheritance Tax is chargeable on a person s estate which falls above a particular threshold when they die. It is currently set at 40 percent, which means many families will have to confront the levy upon the death of a loved one. Understandably, as tax will reduce the amount of a person s estate which can be inherited, many will wish to legally reduce or wipe out their Inheritance Tax bill, if possible. Recent insight has shown UK taxpayers were able to save over £800million in Inheritance Tax last year alone, according to research by private equity investment firm, Growthdeck.

Three tips for Business Property Relief investments

Three tips for Business Property Relief investments Octopus speaks with the director of compliance services at SimplyBiz to discuss recommending IHT-efficient investments If you’re new to the world of investments that qualify for Business Property Relief, what are some practical steps you can take to help you write this kind of business In an Octopus Online Show last year, we spoke to Mark Greenwood, director of compliance services at The SimplyBiz Group, the largest provider of compliance support for financial services in the UK. And we asked him for his top tips for approaching this area of business. BPR explained

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