Inheritance Tax (IHT) is sometimes called the “voluntary tax”. 

Why? Because a considerable amount of people remain unaware of the things they could do to reduce their IHT liability, and many more believe it’s not worth their time to find out. 

As a result, ignorance and inertia expects £7.2 billion in HMRC’s pockets in the 2023/24 tax year alone.*

There are lots of things you can do to minimise your IHT liability before the tax year ends on 5 April every year. Not all of them are complicated. Very few of them are time-consuming.

Contact us now to find out what you can do before the deadline.

The levels and bases of taxation and reliefs from taxation can change at any time and are dependent on individual circumstances.

*Source Office for Budget Responsibility, April 2023

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