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The inheritance tax threshold will be frozen next year at £325,000; should you take steps to cut your bill? - SavvyWoman
"Although most people won't have to pay inheritance tax, many resent the idea of it. So how can you reduce your inheritance tax bill?
Most people don't leave enough money behind when they die to pay inheritance tax, but it’s a tax that still causes a lot of resentment and anxiety. In the pre-budget report, the Chancellor announced he would freeze the inheritance tax threshold (the level below which you don’t have to pay IHT) at £325,000, rather than increasing it to £350,000 as planned. While married couples and anyone in a civil partnership can effectively double the threshold to £650,000, it’s couples who live together who get caught out by inheritance tax. ..."
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