Jarrow
Jarrow
Newcastle
South Shields
0191 420 0550 172-174 Albert Road, Jarrow, NE32 5JA info@kpsimpson.co.uk
0191 420 0550 4 Saint Mary's Terrace, Newcastle upon Tyne, NE2 4PS info@kpsimpson.co.uk
0191 455 0518 171 Sunderland Road, South Shields, NE34 6AD info@kpsimpson.co.uk

Category

Inheritance Tax
It was announced as part of the Budget measures that the government will reform these reliefs from
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A number of changes to Inheritance Tax (IHT) were announced as part of the Budget measures. We have
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Most gifts made during a person’s lifetime are not subject to tax at the time of transfer. These
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The Inheritance Tax Residence Nil Rate Band (RNRB) is a transferable allowance available to married
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There are several types of reliefs from Inheritance Tax (IHT), one of which is IHT Business Relief.
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As a general rule, an individual who inherits property, money or shares is not liable to pay tax on
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Most gifts made during a person’s life are not subject to tax at the time of the gift. These
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We wanted to remind you of the Inheritance Tax (IHT) implications of making cash gifts during the
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The majority of gifts made during a person's life, including gifting a home, are not subject to tax
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The Inheritance Tax residence nil rate band (RNRB) is a transferable allowance for married couples
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