Tag Archives: gifts with reservation of title

Can Giving Away Assets Reduce Inheritance Tax?

giving away assets

Since the recent overhaul of the Inheritance Tax (IHT) rules, many people in the UK are wondering if giving away their assets while they are still alive will reduce the final IHT bill. The answer is somewhat complicated. Apart from IHT, which is the tax you pay on death, there is another capital tax, Capital […]