Unlocking the power of gifting: how the taper relief can cut your clients’ IHT bill

Gifting is a cornerstone of effective estate planning, but timing is everything. Downing’s guide breaks down how the taper relief works and how it can significantly reduce Inheritance Tax (IHT) liabilities when gifts are made more than three years before death. This practical resource helps advisers understand the mechanics of the taper relief, the seven-year rule, and how to structure gifting strategies that align with clients’ long-term goals. It includes worked examples and planning tips to support client conversations and estate planning decisions. Read this guide to help your clients...