Inheritance taxJan 2 2025

Understanding the main exemptions and reliefs from inheritance tax

After engaging with this content, which carries an indicative 30 minutes of CPD, you will be able to:

  • Explain how inheritance tax operates
  • Identify ways to mitigate IHT
  • Describe some of the restrictions on giving gifts
  • Explain how inheritance tax operates
  • Identify ways to mitigate IHT
  • Describe some of the restrictions on giving gifts
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CPD
Approx.30min
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CPD
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CPD
Approx.30min
Understanding the main exemptions and reliefs from inheritance tax
© (Hollie Adams/Bloomberg)Forecasts indicate that 47,000 estates will face an IHT bill in 2027 compared with 29,000 in 2020–21
and

Families across the UK are passing on their wealth to the next generation in record numbers to avoid having to pay inheritance tax.

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Approx.30min
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