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October 29, 2020

There are a number of inheritance tax-saving strategies available, but apart from giving away cash, what are ultra-wealthy individuals and families doing to mitigate their exposure to IHT?

Surrey has been labelled Britain’s inheritance tax capital by a national newspaper, the county southwest of London where the average UK inheritance tax (IHT) bill is £234,000 ($303,000).

With property prices in Surrey and across the UK continuing to rise, and the tax-free threshold (known as the ‘nil rate band’) of £325,000 ($421,000) frozen, family business owners could be forgiven for thinking that IHT is a fact of life.

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