Inheritance Tax - Planning

09 January 2025

Nil rate band planning with cash and investments - what you need to know
How to make the best use of the nil rate bands including the residence nil rate band

18 December 2024

Discounted gift trust using an international/offshore capital redemption bond
The structure and operation of a discounted gift trust using an international (offshore) capital redemption bond

17 December 2024

Discounted gift trusts - in detail
Discounted gift trusts, including their advantages and disadvantages

17 December 2024

Loan trusts - loan only using a flexible/discretionary trust
Structure and operation of flexible/discretionary loan trusts

13 December 2024

Loan trusts/loan plans - a quick guide
How loan trusts/loan plans work, and who they are useful for

12 December 2024

Loan trusts - gift and loan or loan only using a bare trust
Structure and operation of bare loan trusts

11 December 2024

Loan trusts - gift and loan using a flexible/discretionary trust
Structure and operation of flexible/discretionary gift and loan trusts

02 December 2024

Business relief
Conditions for business relief

27 November 2024

Family investment companies (FICs)
Corporate investment by SMEs and FICs as a trust alternative in IHT planning and as a potentially tax effective home for investment

25 November 2024

A reminder of some of the basic IHT planning points
Inheritance tax planning options. With the nil rate band frozen at �325,000, are your clients taking advantage of the inheritance tax planning options available to them?

13 November 2024

An increased role for protection in Inheritance Tax planning post budget
Appropriate protection plans in trust set for an increased role in IHT planning for business owners and farmers

12 November 2024

Tax implications of releasing loans under a loan trust during lifetime
The tax implications arising on releasing loans under a loan trust during lifetime

12 November 2024

Can a loan trust be used with collectives?
Whether or not a loan trust can be used with collectives

12 November 2024

IHT business relief - a recent tax case
A case where the Executors tried, and failed, to persuade the First-tier Tribunal (FTT) that providing furnished offices qualified as relevant business property for inheritance tax (IHT) business relief

11 November 2024

IHT benefits of setting up a loan trust - case studies
How a loan trust could be a suitable estate planning solution for those who are unsure whether or not they require access or wish to make a gift

06 November 2024

IHT business and agricultural property relief - an overview of the Autumn Budget reforms
The reforms to agricultural property relief and business property relief announced in the Autumn Budget. Additional detail and some further thoughts

04 November 2024

Changes to the taxation of non-UK domiciled individuals - part 1 - inheritance tax
The detail of the reforms to the taxation of non-UK domiciled individuals as set out in the technical guide published alongside the Autumn Budget. We look at the inheritance tax impact for long-term resident individuals and settlors of excluded property trusts. This is the first of a series of three bulletins examining the reforms

22 October 2024

Planning with owner-occupied property during lifetime - a detailed consideration
IHT planning with owner-occupied property during lifetime

22 October 2024

Planning with owner-occupied property on death
Using owner-occupied property in estate planning on death

21 October 2024

Planning with owner-occupied property - SP10/79
HMRC Statement of Practice 10/79 and its implications to estate planning with property

21 October 2024

Planning with owner-occupied property - relevant case law
Important case law relating to the uses of owner-occupied property in estate planning

21 October 2024

Planning with owner-occupied property - general considerations
Key issues in relation to the uses of owner-occupied property in estate planning

21 October 2024

IHT planning: an outline
Background to planning, disclosure of tax avoidance schemes, powers of attorney and validity of gifts for IHT purposes

09 October 2024

How to leave a legacy for children with special educational needs or learning difficulties - a case study
Leaving a legacy either in lifetime or on death to a family member who has special educational needs (SENDS). If your clients have a family member who has special educational needs (SENDS), they may not be able to deal with their own finances as they enter into adulthood. It�s important to help your clients make the right choices when it comes to leaving a legacy either in lifetime or on death to those individuals

01 October 2024

Insurance based schemes and the pre-owned assets provisions
Pre-owned assets provisions, as well as clarification on the provisions as they affect special policies and trust situations

01 October 2024

Case study - a comparison between discretionary and absolute trusts
The differences and the pros and cons of using discretionary and absolute trusts. Trusts can be used to mitigate inheritance tax (IHT), to protect vulnerable beneficiaries and to provide future generations with a legacy. Most types of trust have the option of using either an absolute version or a discretionary version

10 September 2024

Insurance-based schemes to overcome GWR and POAT - an overview
Using insurance-based schemes to overcome GWR and pre-owned assets tax. Insurance based schemes and the pre-owned assets provisions � the latest views on how these provisions will apply

23 August 2024

Case study - where do you start with IHT planning for clients?
When you discover that your clients have grown their wealth over their nil rate bands, where to start with their inheritance tax (IHT) planning

21 August 2024

Case study: inheritance tax advantaged solutions (ITS) for the elderly
Some elderly clients leave IHT planning too late and tr they get the more problematic it can be to try and do IHT planning. When might ITS be the answer?

16 August 2024

Discounted Gift Trusts - it's not all about the discount - a case study
What it means if your clients are declined for a discount

14 August 2024

When to use term assurance for IHT planning - a case study
Different types of term assurance and their uses in IHT planning

12 August 2024

Taper relief for potentially exempt transfers (PETs) - a case study
Inheritance tax (IHT) planning for the elderly, which can be problematic, especially if there is a chance that they will not survive seven years. Taper relief on PETs can be useful in these circumstances

12 August 2024

Options for IHT planning where clients own buy to let properties - a case study
The options for inheritance tax (IHT) planning, where clients have built up a substantial number of buy-to-let (BTL) properties over the years

19 July 2024

IHT rate reduction through charitable legacies
The rules for securing a 10% reduction in the IHT rate, from 40% to 36%, provided a charitable legacy of at least 10% of the estate is made on death

17 July 2024

Another think tank turns its thoughts to IHT
The Demos review of IHT, which compares it with its OECD counterparts and proposes revenue-raising reforms