A comprehensive guide to Inheritance Tax allowances

With major changes to Inheritance Tax (IHT) introduced in the 2024 Budget - and further reforms anticipated - financial advisers are uniquely positioned to guide clients through increasingly complex estate planning decisions. Downing’s latest guide offers a clear and practical overview of IHT allowances, including the Nil-Rate Band, Residence Nil-Rate Band, transferable allowances, and key exemptions - from gifting to ISAs. It also explores estate planning strategies to help clients make the most of available reliefs. This is an essential resource for advisers looking to lead confident, informed...