Why you need our guide

Article Abstract:

A brief description about a guide that would teach about tax, what to pay and how much to pay is presented. A lot of money in taxes is paid every year, the amount of inheritance tax paid in 1938-1939 was pounds sterling 77 million compared with pounds sterling 2.9 billion in 2004-2005.

Publisher: Consumers Association (UK)
Publication Name: Which?
Subject: Consumer news and advice
ISSN: 0043-4841
Year: 2005
Labor Distribution by Employer, Statistics

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Inheritance tax

Article Abstract:

Inheritance tax (IHT) in the UK is charged on the running total of all gifts including property that one makes over years. However, some gifts are free of IHT on death or during one's lifetime or both.

Publisher: Consumers Association (UK)
Publication Name: Which?
Subject: Consumer news and advice
ISSN: 0043-4841
Year: 2005
Taxes, Evaluation, Tax policy, Gift tax

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How to limit inheritance tax

Article Abstract:

Placing assets in trust, giving money away while alive, insuring against tax liability, and willing assets to children rather than the spouse can reduce the inheritance tax.

Publisher: Consumers Association (UK)
Publication Name: Which?
Subject: Consumer news and advice
ISSN: 0043-4841
Year: 2003
Methods

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Subjects list: United Kingdom, Tax planning, Inheritance tax
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