Hargreaves Lansdown: gifting can mitigate tax burden
Sarah Coles of Hargreaves Lansdown has urged landlords and those with substantial assets to consider making ‘gifts’ to avoid paying a sizable chunk of tax when they die.
Sarah Coles of Hargreaves Lansdown has urged landlords and those with substantial assets to consider making ‘gifts’ to avoid paying a sizable chunk of tax when they die.
HMRC said it’s to early to say whether the higher death rate and higher tax take are linked, but given that the last peak in inheritance tax was in October, six months after the first wave, Hargreaves Lansdown said there’s likely to be a link.