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Tag: IHT

PD James’s estate to pay £8 million in inheritance tax

Britain’s ‘Queen of Crime’, novelist P D James left more than £22 million in her will when she died last November, probate records show. As well as writing 20 books and working as a senior…
Posted in Financial Planning
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Rik Mayall’s family to pay thousands in inheritance tax?

One of the UK’s favourite comedians, famous for his roles in the Young Ones, The New Statesman, Bottom and Blackadder, Rik Mayall died suddenly last June, aged 56. It has now emerged that he failed…
Posted in Financial Planning
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The 3 main advantages of writing a life insurance policy in trust

1. Minimise inheritance tax This is potentially the biggest advantage, as, depending on your circumstances when you die, writing your life insurance policy in trust may save your beneficiaries up to 40% of the policy…
Posted in Financial Planning, Protection Insurance
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House prices to rise 30% in next 5 years. What’s your IHT liability?

Rightmove, Britain’s biggest property website, has forecast that prices will increase by 30% over the next five years to an average of £318,000 in England and Wales and more than £715,000 in London. It will…
Posted in Financial Planning
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ISAs That Offer Inheritance Tax Exemption

Is this you? Your house is worth more than £325,000 Your children will have to pay 40% inheritance tax (IHT) on a significant amount of your estate when you die This includes the ISA investments…
Posted in Financial Planning, Investments
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UK taxpayers to waste £4.7 billion in tax

As the end of this tax year – 5th April 2014 – draws ever closer, have you made the most of your tax allowances? Recent research by industry experts, unbiased.co.uk, has revealed that a quite…
Posted in Financial Planning
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