Money Matters ; Peter Mcgahan Managing Director of Worldwide Financial Planning
Summary
INHERITANCE tax is clearly one of the most unpopular taxes in the system and it's about to become even more unpopular.
Inheritance tax is paid on estates where a transfer is made on death of over Pounds 325,000. There are a number of exemptions, but I won't cover them in this column.See the full content of this document
Extract
Money Matters ; Peter Mcgahan Managing Director of Worldwide Financial Planning
The biggest inheritance tax "exemption" is the inter-spouse exemption which "allows" you to give everything you have to your spouse - how delightfully kind.
That's the same money your employer paid...See the full content of this document