Business relief assets can offer an excellent estate-planning solution, argues Simon Ruthers, but advisers need to take time to understand the underlying investment and ensure it meets clients' risk appetites and aspirations
The government's take from inheritance tax (IHT) is expected to burst through the £5bn mark this year and to exceed £6.2bn by 2022. According to the latest Office for Budget Responsibility figures, meanwhile, the IHT take is expected to double over the decade to 2022. This huge rise opens up significant planning opportunities - but advisers need to be aware not all investment-based solutions are equal. While different solutions may look similar, the underlying investments could vary markedly, offering widely different investment outcomes for clients. Longer-term solutions to protect e...
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