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Prime Advisors Ltd,
NEW ADDRESS:
Ocean Air house
Suite 200, Floor 1,
750-760 High Road, Leytonstone,
London E11 3AW
Tel - 0044 208 530 6929
Fax - 0044 208 989 1179
E-mail: primeadvisors@yahoo.co.uk

 
   

INHERITANCE TAX

 

Inheritance tax is charged on your estate at death at 40% of all assets over 245,000.

There is no tax on gifts so you can, in theory, give away your assets and thus avoid inheritance tax.

However if you die within seven years of giving away your assets then inheritance tax is charged retrospectively, although at a reduced rate if your death occurred between three and seven years after the transfer of the asset in question.

 

 

 

   
 

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