Q. Why is domicile important for inheritance
Somerset Maugham's description of Monaco has more
recently been appropriated by Vince Cable.
If you think you those who inherit your estate will have to pay Inheritance Tax, here are three things you can do to reduce the final bill.
The What Investment Guide to Personal Tax 2012-2013 offers advice on the best ways to reduce your inheritance tax bill:
There is no space on
the tax return for inheritance tax.
Let's take an example. You are a British citizen living in the UK but you have an elderly relative who lives elsewhere in the EU who passes away, leaving you a cash sum.
Avoiding the sting of inheritance tax can be mitigated through careful planning
Need pros and cons advice about tying the knot? Ask your accountant.
A look at minimising your Inheritance Tax bill through careful planning.
The Government wishes to
encourage higher levels of charitable giving.