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How To Reduce Inheritance Tax in the UK? – Doshi Accountants

January 5, 2024: 04:15:31 AM, Posted on News By accountantsuk

In the UK, inheritance tax (IHT) can take a significant portion of an estate’s value upon someone’s passing. While it’s crucial to plan ahead, reducing the impact of IHT requires careful consideration and strategic measures. Here’s a comprehensive guide on…

https://doshiaccountants.co.uk/post/how-to-reduce-inheritance-tax-in-the-uk

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How To Reduce Inheritance Tax in the UK? – Doshi Accountants

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In the UK, inheritance tax (IHT) can take a significant portion of an estate’s value upon someone’s passing. While it’s crucial to plan ahead, reducing the impact of IHT requires careful consideration and strategic measures. Here’s a comprehensive guide on…

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🢬 How To Reduce Inheritance Tax in the UK?

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› Understanding Inheritance Tax  

› Plan Early and Seek Professional Advice  

› Use Annual Gifting Allowances  

› Make Use of Exempted Assets and Investments  

› Consider Life Insurance Policies  

› Utilise Marriage Allowance and Spousal Exemptions  

› Plan for Charitable Donations  

› Regularly Review and Update Plans  

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How To Reduce Inheritance Tax in the UK? – Doshi Accountants
In the UK, inheritance tax (IHT) can take a significant portion of an estate's value upon someone's passing. While it's crucial to plan ahead, reducing the impa . . .
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