2 articles tagged with Inheritance Tax.
UK Inheritance Tax kicks in above £325,000 (£500k with home + family) at 40%. Here's how the bands work, the seven-year rule on gifts, business and agricultural reliefs, and the major April 2027 pension change
Gifts you make are Potentially Exempt Transfers — IHT-free if you survive 7 years. Taper relief, the £325k nil-rate band trap, and how PETs interact with regular gifts out of income. Worked examples.