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Wealth Knowledge – April 2021
- 1st April 2021
- Posted by: shayne
- Category: Wealth Knowledge
No CommentsInheritance tax freeze ‘set to grab £985m’ from estates The Treasury expects inheritance tax receipts to soar by almost £1 billion by 2025/26, following the decision to freeze two key thresholds in last month’s Budget. The nil-rate band will continue at £325,000, while the residence nil-rate band remains at £175,000 until April 2026. This means
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Leaving money to the wrong people
- 1st April 2021
- Posted by: shayne
- Category: Estate Planning
Guarding against accidental inheritance. Soaring house prices around the UK over the last 20 years mean it’s possible to leave a substantial windfall to the people or causes closest to our hearts. But with more people filing for divorce and second or even third marriages becoming increasingly common, family structures are getting ever more complicated.