Extra home

Inheritance Tax (IHT) is a 'stealth' tax that more and more of us need to plan for. As the value of property has shot up, so has the likelihood that the value of your estate will exceed the current IHT 'nil-rate band' threshold.

IHT is in effect a voluntary tax - you can take measures to reduce significantly your liability and so pass on your hard-earned money and property to your family, rather than letting it go to HM Treasury after your death.

This book by award winning firm H M Williams Chartered Accountants takes you through the ways of reducing your Inheritance Tax liability. They have worked in conjunction with Christchurch Consultancy, specialist Inheritance Tax advisers, in preparing this book.

This 2007/08 edition was updated in April 2007 to take into account the changes in the recent Budget.


About the authors

The authors, H M Williams Chartered Accountants, have clients ranging from multi-million pound household name organisations to individual taxpayers and in 2001 they were delighted to win the Daily Telegraph/Energis Customer Service Award in the Professional & Business Services (Small Organisation) category.

1. An outline of IHT
2. Working out the size of your estate
3. Planning your Will
4. Calculating the size of your IHT bill
5. Ways to reduce your IHT bill
6. Trusts and their uses
7. Assets that attract relief
8. Traps to be aware of
9. What to do with certain types of asset
10. Putting an IHT mitigation exercise into effect
11. How life assurance can help reduce the impact of IHT
12. Tax rates and example IHT forms