One third of homes are above IHT level

tax

One of the most effective ways to mitigate inheritance and capital gains tax are Aim-listed shares, but investors have to be prepared to take the greater risk that accompanies these

Inheritance tax has long been regarded as the concern of the wealthy. But the truth is, these days you don't need to be travelling by private jet and socialising with the Beckhams to be concerned about the tax position of your estate when you die. In fact, little more than a standard family home - particularly in South East England - can be enough to push many estates under the nose of the taxman. Despite the Chancellor's budget U-turn, when the inheritance tax threshold was pushed up to £275,000 for the current tax year, many families are finding the last decade's housing market windfall...