Keeping you up to date with the latest news and happenings in the worlds of accounting, tax and insolvency
Paying inheritance tax in instalments Inheritance tax is normally payable by the end of the sixth month following that in which the person died. So, for example, if someone died on 4 April 2020, any inheritance tax due on their estate would be due by 31 October 2020. Of...
Beware of triggering an IHT bill on Christmas gifts When deciding what to give as Christmas gifts, the possibility of triggering an unintended inheritance tax liability is not one that immediately springs to mind. However, t...
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