Inheritance Tax warning: Gifts can reduce tax bill - but Britons must remember time frame



BRITONS are being reminded it is possible to reduce their inheritance tax bill using gifts, however they must be aware of an important time frame which could affect how much they save. Taper relief on IHT is applicable if gifts are given to someone's loved ones within seven years of their death.

Source: Daily Express :: Finance Feed https://ift.tt/3yoPlTN

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