Inheritance Tax (IHT) on Pensions: What the 2027 Changes Mean for You
For decades, leaving your pension untouched has been one of the most effective inheritance tax planning strategies available. Typically, pensions sat outside of estates for IHT purposes, meaning whatever was left in your pot when you died could pass to your loved ones free of inheritance tax. However, from 6 April 2027, that strategy is […]
What Future Tax Reform Could Mean For Discretionary Trusts
Discretionary trusts have long been a valuable tool for estate planning, offering flexibility, control and a way to manage inheritance tax (IHT) over time. However, the UK tax landscape is now shifting, with changes significant enough to warrant a careful review. The Autumn Budget 2025 has introduced a series of reforms that will change how […]
Understanding gifts with reservation of benefit
Inheritance Tax (IHT) planning is a complex area, and one of the key concepts to understand is a Gift with Reservation of Benefit (GWRB). This rule is designed to prevent people from giving away a variety of assets to avoid IHT while still enjoying the benefits of those assets. If you make a gift but […]