Inheritance tax planning – extra guidance for practitioners
ACCA responds to calls for more information and content on inheritance tax (IHT) planning.
Feedback from our recent CPD webinars suggests that several practitioners are requesting more information and content on inheritance tax (IHT) planning.
IHT planning should not be seen as affecting a mainly older generation of clients as many recent changes in taxation and other factors have potentially brought younger clients into the IHT net.
Whilst the recent measures for the additional residential nil rate band will provide some relief, such planning should be considered for all affected clients based on criteria such as marriage, birth of a child or general exposure to inheritance tax.