Will the outdated IHT gifting rules catch you out? - Grunberg & Co
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Will the outdated IHT gifting rules catch you out? - Grunberg & Co
With the current slew of changes impacting the way in which Inheritance Tax (IHT) is determined, it may seem odd that there is one area that has been untouched for 40 years. The rules around gifting as a means to reduce IHT have been largely unchanged since their introduction in the 1980s, but this does not mean that they are well understood. Nuance in the rules results in some fearing that they may fall foul of regulations and end up paying mor…
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