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Georgie Frost

This is Money: How to beat inheritance tax

Georgie Frost
Original Broadcast:

This is Money

This is Money: How to beat inheritance tax
Inheritance tax is one of the most hated around. Despite the fact that most people will never leave enough wealth to have it charged on their estates, we really don't like the idea of 40% above a certain amount going to the taxman. But IHT is also a tax that can be avoided. How? Listen to this week's podcast to find out, as Simon Lambert, Georgie Frost and Sarah Davidson discuss all things inheritance. They look at how it works, ways to avoid it and the traps you could fall into. If Chancellor Philip Hammond is listening - and we sincerely hope he does tune in – then he can get some feedback on an idea he was credited with this week: taking some money off the old, to give to the young.