Inheritance tax: ‘Perfectly legitimate’ ways you could slash bill as more families hit | Personal Finance | Finance
Alex Davies, CEO and Founder Wealth Club said it’s not just the super-rich who are affected by these changes, thousands of hardworking families will be worse off.
He said: “Freezing the inheritance tax threshold for yet another two years – until April 2028 – is another kick in the teeth for those wanting to pass down their wealth to loved ones.
“We believe that this extended freeze combined with rampant inflation will increase average IHT bills to £297,793 in 2025 to 26 and to £336,605 in 2027 to 28.
“Contrary to what many think, inheritance tax doesn’t just affect the super-rich. It will be the thousands of hardworking families to bear the brunt, as they get caught in the cross hairs of high property prices and frozen IHT allowances.”
READ MORE: Martin Lewis says nine million Britons could slash broadband bills
