The

The "Daily Telegraph" How to Avoid the Inheritance Tax Trap 2007-8

by Maria Scott (Author)

Synopsis

This title offers important advice for the 4 out of 10 families facing IHT. A growing number of ordinary families every year are finding themselves at risk of death duties. As house prices continue to rise so do the number of estates liable for inheritance tax - by 2020 it could be as many as 4.6 millionproperties. But don't just put it out of mind, or sit and worry about it - there is a lot you can do to avoid paying this tax, so much in fact that it is often referred to as the voluntary tax. Why be caught in the trap? Lifetime money editor Maria Scott gives a complete, updated-for-2007 guide on how ordinary homeowners, savers and investors can deal with inheritance tax. Step-by-step guide shows how to work out if you are liable for IHT and which tax breaks are right for you and your family. It explains recent changes to the law, hidden tax traps and loopholes, how civil partnerships for same-sex couples allow assets to be passed on free of IHT, and latest details of the 2007 budget.

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More Information

Format: Paperback
Pages: 400
Edition: Revised edition
Publisher: Robinson Publishing
Published: 24 May 2007

ISBN 10: 184529002X
ISBN 13: 9781845290023
Book Overview: Important advice for the 4 out of 10 families facting Inheritance tax.

Media Reviews
'Older people and people approaching retirement should study these suggestions and travel through their retired years with deserved enjoyment and confidence rather than fear and trepidation.' Mervyn Kohler, Head of Public Affairs, Help the Aged
Author Bio
Maria Scott has been a financial journalist for many years and was Personal Finance editor for the Observer until 2004. She is now a freelance writer.