How to Avoid Inheritance Tax - Softcover

Bayley, Carl

Softcover

ISBN 10: 190730245X ISBN 13: 9781907302459

Publisher: Taxcafe UK Limited, 2011

Synopsis

This comprehensive book tells you everything you need to know about inheritance tax planning. The 10th edition (20011/12) is completely up to date and contains many practical real-life examples.

Inheritance tax planning has become more important than ever, following the Government's decision to freeze the £325,000 lifetime exemption. Inflation will erode its value every year, dragging more families into the tax net.

The author, Carl Bayley ACA, is one of the country’s most respected plain English tax experts. Carl is on the governing council of the Institute of Chartered Accountants and is a regular contributor to newspapers such as The Times and The Telegraph, as well as BBC TV and radio programmes.

Subjects covered in the book include:

* Plain-English guide to how inheritance tax works.

* Tax planning timetable: Steps to take at key points in your life.

* How the £325,000 exemption can be used not just once but every 7 years.

* How the new IHT rules affect married couples.

* How to use the little-known ‘regular payment’ method to pass unlimited funds to family members.

* More than a dozen inheritance tax planning techniques for protecting the family home.

* Everything you need to know about using trusts ton pay less inheritance tax.

* How to use Business Property Relief to pass unlimited assets to your family.

* Important steps to take to avoid capital gains tax when transferring assets to your family.

* How to plan for inheritance tax without causing financial hardship to yourself or your spouse/partner.

* How to keep control over your income when you give away capital.

* Practical answers to the problems of long-term residential care.

* How to benefit minor children and children who aren’t even born yet.

About this title

About the Author

The author is Carl Bayley BSc ACA, one of the country’s most respected plain English tax experts. Carl is the author of 10 tax saving guides and is a member of the governing council of the Institute of Chartered Accountants in England and Wales. He lectures at the Institute of Chartered Accountants annual tax faculty conference and is a regular contributor to newspapers such as The Times and The Telegraph, as well as BBC TV and radio programmes.

Edition details

• Publisher: Taxcafe UK Limited
• Publication date: 2011
• Language: English
• ISBN 10: 190730245X
• ISBN 13: 9781907302459
• Binding: Paperback
• Number of pages: 314