Inheritance tax rules change: Will your threshold rise? | Personal Finance | Finance

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“While a freeze in inheritance tax may sound like a good thing, it means that in the long-run, more people will pay it, and those who do will pay more,” she told Express.co.uk.

“This is because the value of assets such as homes, cash and investments are likely to rise with inflation, as will wages, pushing some estates over the threshold – when you’ll start paying tax – and making more of the estate taxable.

“The most important thing to do is make sure you’ve got a will in place, so your estate goes where you want it to. It’s also worth considering if you want to gift some money before you die as some smaller gifts, including wedding and charity gifts, are exempt.

“However, if you have a sizeable assets, it’s worth getting tax advice from a professional.”



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