How to Save Inheritance Tax 2018/19

Easy to read and understand - covers in detail what you need to consider for planning for inheritance tax for the future - would recommend to get an overview although I think I would still need to get advice to put anything into place as it appears to be a very complex area that is liable to change at any time.

Very comprehensive but takes a bit of getting through. A basic understanding of taxation is essential before you start

This is another in the wonderful series from The TaxCafe, and author Carl Bayley. I have bought others in the series, How to save Property Tax, Small Businesses Tax Saving Tactics and Keeping it Simple small business bookkeeping, tax and VAT for my husbands fledgling business, and they are all some of the best (tax deductible) money I have spent. All are aimed at helping those without limitless finances help themselves to understand and utilise the laws around It or whatever subject you purchase to try to give access to the.same sort of advice offered at a large fee. The author writes with humour and makes the subject matter digestible with his writing style. The chapters are littered with examples, and well as tax tips and wealth warnings to consider when planning your finances. The book layout also allows you to easily dip back in at any time to refresh your memory when a particular situation may arise and it pricks a thought of something you have read that may relate to your particular situation. The books are all fully up to date with current legislation and mention if there are amendments coming in the near future. It also points out that things can and often do change. Inheritance tax is something that needs planning and constant revision as laws and circumstances change and this book certainly gives food for thought on how to DIY if your circumstances are simple or certainly give you questions and ideas to save time and money if you take paid advice. Although I will say that i received my copy for free in exchange for an honest review, I was only offered it at the point I had clicked to buy it in any case as I have been so impressed by the other books I have and this is no different. At worst you will come away most likely learning something (or a lot of things) you didn't know and at best save you from making some very expensive mistakes. Knowledge gives you power and this book has certainly improved my knowledge.

This is a very comprehensive and clearly structured guide which is an invaluable pathfinder through the many thousands of pages of obtuse tax legislation. Governments are constantly fiddling the rules to maximise revenue and close perceived loopholes, and anyone with assets above some level runs the risk of their estate unwittingly and rather unfairly becoming liable for huge taxes, which can often be easily avoided by making some minor changes to the way one's affairs are managed or structured.The book is very readable guide with many illustrative examples. Anyone who has tried to wade through the actual legislation or the often incomplete, out-of-date and poorly worded and badly structured HMRC guidelines will instantly save hours of time, and in due course the recommended actions can amount to significant savings for loved ones left behind.In short, this is extremely good value for money, even if one simply wants to gain some peace of mind regarding the pitfalls that need to be avoided when navigating the constantly changing tax landscape.

Another excellent book by Carl Bayley that explains a complicated subject in a way that is easy to understand and up to date. The book is a useful starter if you have only a small amount of knowledge about IHT but also explains more complex areas clearly and simply as you need more detailed knowledge. I also find it useful as a way of checking out advice from financial advisors or on financial web sites, this helps avoid making costly mistakes and I’d always encourage people to do some research before just accepting advice from 3rd parties. Overall excellent value for money.

Excellent publication. Carl writes in layman’s terms so it is easy to understand. Comprehensive indexing of topics so it is easy to find particular scenarios. There are plenty of examples to suit lots of different situations. Lots of handy tips included. A great reference book and definitely worth reading for anyone planning ahead and wishing to reduce their tax bill. The tables of rates and allowances in the appendix is very useful. I will be purchasing more Tax Café publications!

A very good book! The best part of the book is that it gives many examples throughout which makes the difficult terminology of HMRC much easier to understand and to work out if the specific circumstances applies to your own specific situation.The book also gives many examples of misconceptions and common mistakes people make and how to avoid or at least be aware of the implications if you want to take them. I have also realised that inheritance tax is much more complicated than I originally thought and you really need to consider the implications as many people could be left with a bill in future years even with modest increases in say your house value. With the books help I feel much better informed and able to plan for my future and the future of my family.

Knowing how important it is to arrange financial matters carefully following all legal requirements, I am finding this book invaluable. Absolutely up-to-date, it explains various technical terms in plain English, and alerts us to ways of helping our family which we otherwise might not know about. The chapter headings and contents are clearly laid out, so it is not difficult to look up advice on a particular situation. Thank you.