Wealth Management

Autumn Statement – Gifting and Inheritance Tax (IHT) Considerations

There were no new changes to IHT in the autumn statement, other than the £325,000 nil rate band and up to £175,000 residence nil rate band remaining frozen until 2028.

With a Government that may need to raise additional funds in the next few years here is a timely reminder of the key exemptions that are currently available which you may like to take advantage of.

24th November 2022

If you would like to discuss your individual circumstances, please contact your Old Mill financial planner or contact us by clicking here.