Inheritance tax reliefs slashed 33%

We spend our whole lives working and saving money only for are relatives to get a bad deal upon our death. Inheritance tax has been falling in real terms for 3 decades. The value Of Inheritance tax reliefs has been cut by a 3rd because the government has not raised it to be in line with inflation. This is not good news for the savers and their relatives. Peter Goodman, partner at Wilkins Kennedy, says: “Simple reliefs such as the annual allowance on transfers or gifts are very popular, but £3,000 doesn’t go as far today as it did in … Continue reading Inheritance tax reliefs slashed 33%