Protecting my assets from inheritance tax

Welcome to the Thompson Wright podcast.

In this episode, we are joined by Sarah Bowen, our Tax Director, as we focus on protecting assets from inheritance tax (IHT).

In the UK, individuals and families who wish to pass on their estate need to tread carefully in order to ensure they are not hit with a hefty IHT bill.

IHT is levied at a rate of 40 per cent of the total value on all estates valued at £325,000 or more. This £325,000 threshold is known as the ‘nil-rate band’ and, despite ever-rising wealth across the country, has remained frozen at this amount for several years.

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