Foresight Month: May 2020

Foresight Estate Planning & Will Writing Services

Inheritance Tax - A Voluntary Tax?

Inheritance Tax – A Voluntary Tax?

Britain’s paid out the highest ever amount of inheritance tax (IHT) to HMRC in 2017-18, with the latest figures showing the bill totalled £5.2billion, in 2018/19 that figure increased to an even higher bill of £5.4billion. Data shows that most of the inheritance tax payments come from estates worth between £500,000 and £1million. In 2016-17, …

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