Inheritance Tax Allowance

How Long to Keep Tax Records

Discounted Gift Trust Rate Changes

Published / Last Updated on 13/11/2013

The current income assumption is 5.25%. As from the 1st of December 2013 HMRC will reduce the income assumption to 4.5%.When you invest in this trust, the value used for inheritance tax is immediately reduced but the actual value invested for beneficiaries remains the same.Get bigger inheritance tax reductions.

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