The Estate Planning Landscape in 2022
With inflation at a 40-year high*, and inheritance tax allowances frozen, we’re in the midst of an Inheritance Tax boom.
UK families are expected to pay a significant £37 billion in inheritance tax over the next five years*.
Included in this figure are families already impacted by IHT now facing larger liabilities, as well as new estates that have been dragged into the net.
In this short article from Octopus Investments, you’ll learn why there’s a real need to revisit estate planning with clients, and how Business Relief can help.
Read it here>>
*Consumer Price Inflation, Office for National Statistics, May 2022
*Economic and fiscal outlook, Office for Budget Responsibility, March 2022