For healthy people, there is also the option of putting life cover in place. While this doesn't reduce an IHT bill, it will provide a means of paying the tax.
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With regards to gifting, people with IHT issues may be happier to make gifts now and increase the income being drawn from their pension. Like a lot of IHT solutions, doing things little and often can have a big impact rather than allowing years to pass.
Big issue for making gifts from pensions is you would have to 1st remove it from the pension. This would be in the form of 25% tax free cash then the remaining 75% being taxable income. If you've drawn your 25% already, it will be expensive to lift a big chunk from your pension to gift.
Remember, for a lot of inherited pensions tax is currently paid when a recipient receives or releases these monies (income tax where the pension holder dies post age 75). It may be the case these IHT changes don't massively increase the tax take. Especially when planning has taken place.
As is often the case, those with big asset bases can afford or can justify the advice that might save or mitigate unnecessary tax. For single people with a big property, they are going to have bigger issues and it will be much harder to take mitigating action.
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