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Mitigating IHT (Inheritance Tax)

IHT

Making use of IHT reliefs and exemptions

IHT is principally a death duty and to a lesser extent a tax on lifetime gifts. Other than spending all your wealth before you die, IHT planning will be necessary to ensure that you leave as much as you wish to your loved ones.

Who is affected?

Those individuals who are UK domiciled are chargeable to IHT on their…

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