Gifting property and inheritance tax – what you should know
In our latest episode, we explore the increasingly relevant topic of passing on property – whether it’s your main home, a share of it, or a second property – and the tax implications that come with it.
Leonora Stevens and Mike Hodges discuss:
– Why more families are considering property gifts
– How rising house prices affect IHT exposure
– Key thresholds like the nil-rate and residence nil-rate bands
– The challenge of funding IHT when wealth is tied up in bricks and mortar