When it comes to cutting one’s inheritance tax bill, there is “one effective strategy” that can help them save tens of thousands of pounds. An expert has shared his top tips to making the tax process less stressful and expensive. HM Revenue & Customs pocketed about £700million from inheritance tax last month, this is an increase of £85million from last April. While only four per cent of estates paid inheritance tax, the most recent figures show, the proportion of deaths resulting in inheritance tax is estimated to grow to over seven per cent by 2032/33. The average bill could increase to £243,…
