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How To Save Inheritance Tax(2022 Edition)
Authors:
Carl Bayley
Cover Type:Hardcover
Condition:Used
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Book details
ISBN: 1911020803, 978-1911020806
Book publisher: Taxcafe UK Ltd (July 4, 2022)
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Book Summary: 18th edition with almost 300 pages of up-to-date inheritance tax planning ideas.Proper inheritance tax planning could save your family hundreds of thousands of pounds. This comprehensive and completely up-to-date book tells you everything you need to know about inheritance tax.It takes a detailed look at both simple and sophisticated tax planning strategies and will help you decide what action you and your family should take now.The author, Carl Bayley, is a former chairman of the Tax Faculty at the Institute of Chartered Accountants in England and Wales and is currently a member of the Institute's governing Council.Topics covered in the guide include: A plain-English guide to calculating inheritance tax and how the tax works.Tax planning timetable: Steps to take at key points in your life.More than a dozen tax planning techniques for protecting the family home.Fully updated guidance and examples showing the impact of the 17 year freeze in the £325,000 nil rate band - made worse by today's high inflation.Absolutely everything you need to know about using trusts to save inheritance tax.How to use Business Property Relief to pass unlimited assets to your family.How to gift assets during your lifetime without causing financial hardship to you and your spouse.A whole chapter on the tax-saving potential of family investment companies.Possible future changes to inheritance tax.Details of UK investments that may escape inheritance tax.A whole chapter on advanced inheritance tax planning techniques.Lots of information throughout for landlords and property investors.Plus lots more... Dozens of clear real-life examples are used throughout to explain important points.
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