10 ways to 避ける 相続物件 税金: How to stop the taxman grabbing some of your 広い地所

By Tanya Jefferies

Updated:

No one wants loved ones to get lumped with a hefty 相続物件 税金 法案 unnecessarily, but more people's 広い地所s are 存在 dragged into its 逮捕する.

Luckily there are many 合法的な ways to dodge the dreaded 40 per cent 'death 税金' if you want to pass on the 最大限 sum possible and are 用意が出来ている to 計画（する） ahead.

にもかかわらず rumours the 政府 planned to 緩和する the 重荷（を負わせる） of 相続物件 税金, it failed to 発表する changes in the Autumn 声明 or Spring 予算, and 未来 提案s are now 推定する／予想するd in the parties' 選挙 manifestos.?

For now, the thresholds explained below have been frozen until April 2028, which means more people's 広い地所s will become liable for 相続物件 税金.

But you shouldn't lose sleep - let alone start working on (a)手の込んだ／(v)詳述する avoidance 策略 - unless you are 確かな you are rich enough for it to become a problem for your 相続人s.?You still need to be comfortably off to worry about 相続物件 税金.

一方／合間, 財政上の 助言者s 繰り返して remind people that the most cost 効果的な ways to （警官の）巡回区域，受持ち区域 相続物件 税金 are to spend and enjoy your wealth or give it away 早期に.

The huge rise in property values over past decades has substantially contributed to the increase in the number of estates caught by inheritance tax

The 抱擁する rise in 所有物／資産／財産 values over past １０年間s has 大幅に 与える／捧げるd to the 増加する in the number of 広い地所s caught by 相続物件 税金

How 相続物件 税金 作品

Around 4 per cent of people leave 広い地所s 十分に large to make their 受益者s liable for 相続物件 税金.

However, in 新規加入 to the threshold 凍結する, the 所有物／資産／財産 にわか景気 of 最近の １０年間s means the number of families 影響する／感情d is 推定する／予想するd to rise in years to come. Those 相続するing in house price hotspots will 耐える the biggest 財政上の 重荷（を負わせる）.

Got a 税金 question??

Heather Rogers, 創立者 and owner of Aston Accountancy, is This is Money's 税金 columnist.

She can answer your questions on any 税金 topic - 税金 codes, 相続物件 税金, 所得税, 資本／首都 伸び（る）s 税金, and much more.

You can 令状 to Heather at taxquestions@thisismoney.co.uk.

Essentially, you need to be 価値（がある） £325,000 if you are 選び出す／独身, or £650,000 共同で if you are married or in a civil 共同, for your loved ones to have to stump up death 義務s.?

But there is a その上の chunky allowance - known as the 住居 nil 率 禁止（する）d - which 増加するs the threshold to a 共同の £1million if you have a partner, own a 所有物／資産／財産, and ーするつもりである to leave money to your direct 子孫s.??

Watch out though, as once an 広い地所 reaches £2million this own home allowance starts 存在 除去するd by £1 for every £2 above this threshold. It 消えるs 完全に by £2.3million

If you are 価値（がある） more than this, your 相続人s will have to を引き渡す 40 per cent of your 資産s above those levels to the 政府.

So, how do you 減ずる or 避ける a large 相続物件 税金 法案?

We have 収集するd a 一連の会議、交渉／完成する-up of ways to do so, some of which can be undertaken easily by any ordinary person without the need for convoluted 手はず／準備 or to 支払う／賃金 for professional help.

Others are 複雑にするd, risky, 伴う／関わる hassle and expense, or a combination of the above, and these more onerous 選択s appear その上の 負かす／撃墜する the 名簿（に載せる）／表（にあげる）.?

1) Gifts: を引き渡す your money

You can gift £3,000 a year, 加える make 制限のない small gifts of £250, 解放する／自由な from 相続物件 税金.

Married people and those in civil 共同s can give each other any sum they like 解放する／自由な of 税金, 供給するd their partner lives in the UK.

Wedding gifts are also 免除された, although the 量 depends on how の近くに you are to the bride or groom. The 限界s are up to £5,000 to a child, £2,500 to a grandchild or 広大な／多数の／重要な-grandchild, and £1,000 to anyone else.

One いっそう少なく 井戸／弁護士席-known type of unfettered gifting is to 与える／捧げる to the living costs of someone else - younger or older 親族s, for example - but only if you can 証明する it's coming out of spare income.

Such gifts must be made out of 黒字／過剰 基金s, which means your 受益者s may have to show HMRC your old bank 声明s to 証明する you did not need to spend that money on anything else.

Beyond this, you can 手渡す 制限のない sums to other people if you want, but they will 落ちる under the いわゆる seven-year 支配する.

公式に, these are called '潜在的に 免除された 移転' gifts, because if you 生き残る seven years the money automatically becomes 解放する／自由な of 相続物件 税金.

If you die before the seven years are up, 相続物件 税金 is 徴収するd on a 事情に応じて変わる 規模 - starting at the 十分な whack of 40 per cent if it's within the first three years.

Check the 政府 支配するs on 相続物件 税金 and gifts,?and see the （米）棚上げする／（英）提議する below.

< td>3 to 4
INHERITANCE GIFTS: HOW THE SEVEN-YEAR RULE COMES ABOUT?
Years between gift and death 税金 paid
いっそう少なく than 3 40%
32%
4 to 5 24%
5 to 6 16%
6 to 7 8%
7 or more 0%

?2) 信用s: Gifts with strings 大（公）使館員d

With 信用s, you are still giving money away and the seven year 支配する still 適用するs, but you have more 支配（する）／統制する than if you 簡単に を引き渡す your cash to someone else.

This is often a sensible way of passing on money to children or grandchildren, if you think they are too young to spend it wisely.

A very simple '明らかにする 信用' or '絶対の 信用' 許すs trustees you have 任命するd to keep 支配（する）／統制する until 受益者s are 18 - which might still seem too young 特に if large sums are 伴う／関わるd.

A 'discretionary 信用' is more 複雑にするd but you can tailor the 支配するs to 控訴 the people 伴う／関わるd and the circumstances.

However, trustees have to 査定する／（税金などを）課す the holdings for 相続物件 税金 every 10 years to 満足させる HMRC 支配するs, and 税金 could be 徴収するd both straight away and at a 率 of 6 per cent in 未来.

So, you will need professional help from a 財政上の planner or lawyer to 始める，決める up a discretionary 信用, and probably at intervals in the 未来 too.

If you think you might need the money 支援する at some point, you can 始める，決める up a gift and 貸付金 信用. The trustees can 投資する the money outside of your 広い地所 for 相続物件 税金 目的s, but you can 選ぶ to get it 支援する.

The 次第に減少するd 相続物件 税金 if the person who 始める，決めるs up the 信用 - known as the 'settlor' - dies within seven years 適用するs as shown in the gifting （米）棚上げする／（英）提議する above.

> Check the 政府 支配するs on 相続物件 税金 and 信用s.

> Our 居住（者） 税金 専門家 Heather Rogers explains how 信用s work?

Inheritance planning: No one wants their family to get lumped with a hefty inheritance tax bill unnecessarily

相続物件 planning: No one wants their family to get lumped with a hefty 相続物件 税金 法案 unnecessarily

3) Life 保険: Put the 政策 in 信用

Taking out life 保険 can mean your loved ones get a payout straight after your death and 解放する／自由な of 相続物件 税金 - but you have to 始める，決める it up 正確に.

To stop a life 政策 支払い（額） getting rolled into your 広い地所, and the ta xman 潜在的に grabbing 40 per cent of anything over your 相続物件 税金 threshold, you need to put it into 信用.

That 許すs you to 任命する one or more 受益者s of the 信用, who will be paid the 十分な sum 予定 when you die, and without the 延期するs 伴う／関わるd with 相続物件 payouts.

You can insure your life for the sum you think your 相続人s will have to fork out in 相続物件 税金, to 相殺する their 義務／負債.

Beware though that 賞与金s can be high, 特に as you get older, and if you 取り消す a 政策 you すぐに lose all the 利益s of taking it out in the first place.

You also need to be in good health, to 避ける HMRC thinking you are just trying to dodge 相続物件 税金.

Putting a life 政策 into 信用 can be done with the help of a 財政上の 助言者, and you might 井戸／弁護士席 need 合法的な input too.

Will my mum lose her £175k 'own home' allowance for 相続物件 税金 when she goes into care??

This is Money's 税金 専門家 Heather Rogers explains here what happens to your '住居 nil 率 禁止（する）d' if you downsize or move to a care home before you die.

4) 年金 マリファナs: Pass your 退職 貯金 on to loved ones

The 支配するs on 相続するing 退職 貯金 were relaxed in April 2015, but how much your 相続人s 利益 depends on what type of 年金 you have and your age when you die.

The main change was the 廃止 of a hated 55 per cent death 税金 on 年金 income drawdown 計画（する）s left to 親族s.

Instead, 受益者s now either 支払う／賃金 no 税金 if the 年金 支えるもの／所有者 dies before age 75, or their normal 所得税 率 - with the money they receive 追加するd to their 収入s to calculate this - if they are 75 or over.

The 廃止 of the lifetime allowance has 原因（となる）d fallout which has led to?another allowance that relates to 税金-解放する／自由な lump sums after death, which is £1,073,100 and 含むs previous 税金-解放する／自由な lump sums and serious ill health lump sums taken while the 年金 支えるもの／所有者 was alive.

Find out more about repercussions from the axing of the lifetime allowance here, but if you have that much saved into a 年金 you should should 捜し出す 財政上の advice to 避ける 高くつく／犠牲の大きい errors.

一方／合間, husbands and wives whose partners die before reaching 75 can now get annuity income from their spouse's 年金 税金-解放する／自由な.

以前 受益者s of '共同の life' annuities or other types that come with death 利益s paid 所得税 on what they received.

However, the changes have not 影響する／感情d people in final salary 年金s - 一般に considered the best and most generous 計画／陰謀s.

This has tempted so me savers to 移転 out to いっそう少なく 安全な self-投資するd personal 年金s or defined 出資／貢献 計画／陰謀s, or to income drawdown 計画／陰謀s if they are at 退職 age, ーするために leave money to their families.

What about 年金s??

Defined 出資／貢献 年金s take 出資／貢献s from both 雇用者 and 従業員 and 投資する them to 供給する a マリファナ of money at 退職.?

More generous gold-plated final salary - also known as defined 利益 - 年金s 供給する a 保証（人）d income after 退職 until you die.?

年金 freedoms 開始する，打ち上げるd in 2015 許す over-55s greater 支配（する）／統制する over their マリファナs, but only 適用する to people in DC 計画／陰謀s.

Those with DB 年金s can 移転 their 貯金 to DC 計画／陰謀s, 供給するd they get 財政上の advice if their マリファナ is 価値（がある） £30,000-加える, but they should consider this carefully before giving up 価値のある 利益s.

That's a big and irreversible 決定／判定勝ち（する） though, since it means giving up a 保証（人）d income from 退職 until you die, and shouldering all 未来?投資 and インフレーション 危険s to your 年金?on your own.?

The rise in 利益／興味 率s over the past year or so means?年金 計画／陰謀s are 申し込む／申し出ing much いっそう少なく generous 取引，協定s.

Also, savers should beware that HMRC might look askance if you 移転 out of a final salary 年金 while in poor health and die within two years. HMRC could decide to 含む it in your 広い地所 for 相続物件 税金 目的s anyway.

5) Supporting a 原因（となる）: Give to charities and 政党s

You can gift or bequeath money to charities and 政党s and it will be 除外するd from your 広い地所 when 相続物件 税金 is calculated.

A 政党 has to have 後継するd in getting at least one MP elected to 議会 to qualify for this 控除.

There is also a way to 減ずる your 相続人s' 相続物件 税金 率 from 40 per cent to 36 per cent of your taxable 広い地所 by giving to charity - although not to a 政党.

You can do this by bequeathing at least 10 per cent of your 逮捕する 広い地所 - the part liable for 相続物件 税金 - to charity in your will.

6) 所有物／資産／財産 handover: Give your home to your kids and 支払う／賃金 them rent

Keeping your home in the family and out of the taxman's clutches sounds like an attractive proposition, but there are 落し穴s to gifting a 所有物／資産／財産 to your children before you die.

You need to sell your home at its market value, and 支払う／賃金 rent at market value too, because if you give it away and 支払う／賃金 ごくわずかの or no rent that is a 'gift with 保留（地）／予約'.?

HMRC can therefore still count it in 十分な when it 作品 out 相続物件 税金.

Your children also need to consider the 衝撃 of doing this on their 所得税 法案. And if they become?a buy-to-let landlord in this way, that comes with a host of other 支配するs and 税金 義務／負債s that 適用する even if a family member is their tenant.??

Help with 財政上の advice and planning

財政上の planning can help you grow your wealth, sort your 年金, or make sure your 財政／金融s are as 税金 efficient as possible.

A 重要な driver for many people is 投資するing for or in 退職 and 相続物件 税金 planning.

If you are looking for help sorting your 財政／金融s and want to work out whether you need advice, planning, or coaching, the に引き続いて link s can help you understand more:

>?財政上の 助言者, planner or coach - what's the difference??

>?財政上の advice: What to ask and how much it might cost?

>?Find a 財政上の 助言者 service

7) Home 所有権: Switch from 存在 '共同の tenants' to 'tenants in ありふれた'

Most people who own 所有物／資産／財産 together do so as 共同の tenants. That means they '共同で and severally' own 100 per cent of the home. When one dies the other becomes the 十分な owner, no 事柄 what is said in a will.

Spouses don't 支払う／賃金 相続物件 税金 so there is no 義務／負債 at that 行う／開催する／段階 if they get the home after the death of a first partner - although if the co-owner is anyone else it could be 予定, 支配する to the usual thresholds.

But if a couple 選ぶs to make their 所有権 'tenants in ありふれた', they can 分裂（する） it 異なって, not just 50/50, and 潜在的に leave their 株 to someone other than the other owner, such as their children.?

That 減ずるs the 生き残るing owner's 広い地所 for 相続物件 税金 目的s.

You can switch to 'tenants in ありふれた' even after one partner has died.?

Under any circumstances, you should get a solicitor if you want to do this. Check the 政府 支配するs on 相続するing 所有物／資産／財産.

8) Owning a 商売／仕事: Pass on the family 会社／堅い

To 妨げる 相続物件 税金 法案s 転覆するing or 軍隊ing sales of small 会社／堅いs, the 政府 申し込む／申し出s 保護s when 貿易（する）ing 商売／仕事s are left to family members.

To qualify for 商売／仕事 所有物／資産／財産 救済, you need to have owned a 会社／堅い or 株 in it for at least two years by the time you die.

個人として owned 会社／堅いs and some 名簿（に載せる）／表（にあげる）d on AIM, the small company arm of the London 在庫／株 交流, qualify for BPR.

But there are exceptions, such as those in the 所有物／資産／財産 or 投資 部門. There are also separate 支配するs for 商売／仕事s 伴う／関わるing farming and 植林学, which we look at in more 詳細（に述べる） below.

9) 上げるing 企業: 投資する in small companies

To encourage 投資 in smaller 商売／仕事 投機・賭けるs, the 政府 also gives people 保護 from 相続物件 税金 if they 持つ／拘留する 株 in 会社／堅いs with BPR status for at least two years.

Some specialist 投資 会社／堅いs 申し込む／申し出 計画／陰謀s helping people buy 株 in the 権利 companies to 削減（する） their 相続物件 法案. Providers such as Octopus, Canaccord Genuity and 負かす／撃墜するing run AIM Isas with this 目的 in mind.

However, 投資家s 利益／興味d in this area should beware that 会社／堅いs qualifying for BPR are at the adventurous and therefore riskiest end of the spectrum.

You need to 研究 carefully, and spread your 投資s so they are not too concentrated in this area and not 十分に exposed to other 資産s like large company 株, 商業の 所有物／資産／財産, or 法人組織の／企業の and 政府 社債s.

This makes BPR a suitable 相続物件 planning 道具 for 豊富な people, who are either experienced 投資家s themselves or can afford high end 財政上の advice, not the modestly 井戸／弁護士席-off who can't afford to 危険 a lot of their 投資 マリファナ in this 部門.

You might come across 財政上の 製品s which 申し込む／申し出 豊富な savers 保護 against 相続物件 税金.?

In all 事例／患者s, consider the 投資 事例／患者 and the 危険s 大（公）使館員d, not just 税金.

10) Farming and 植林学: Arcane corner of 税金 法律

Even if you are a 農業者 or landowner, this is the 肉親，親類 d of specialist area where you will need professional advice on 相続物件 planning.

You are 許すd to pass on 所有物／資産／財産 解放する／自由な of 相続物件 税金 if it qualifies for 農業の 救済, which is 述べるd by the 政府 as 'land or pasture that is used to grow 刈るs or to 後部 animals intensively'.

But there are strict 支配するs about what is and is not covered - farmhouses are 含むd but farm 機械／機構, livestock and 収穫d 刈るs are not, for example.

And to qualify, the 所有物／資産／財産 must have been held and 占領するd for at least two years by the owner or their spouse, or seven years by someone else, and be part of a working farm in the UK or European 経済的な Area.

一方／合間, people who own woodland can get 十分な BPR from 相続物件 税金 if it has been owned for two years and is commercially managed.

They can also qualify for woodland 救済, which defers 相続物件 税金 - perhaps 無期限に／不明確に - on the value of growing 木材／素質 until it is felled and sold.

Check the 政府 支配するs on 相続物件 税金 and farmed land. It advises people to 接触する the 相続物件 税金 and probate helpline if their 広い地所 含むs a farm or woodland.

Which 相続物件 税金 cutting 対策 should be a 優先??

活動／戦闘 to 削減（する） 相続物件 税金 一般に 落ちるs into three 幅の広い 部類s, says Ian Dyall, 長，率いる of 広い地所 planning at Evelyn Partners. These are to make use of allowances and 救済, to 減ずる the size of your 広い地所, and to 削減（する） the 義務／負債 using life 保険.

Dyall says he 最初 takes new （弁護士の）依頼人s through the に引き続いて checklist, in the order given here:

1) Do they have any 存在するing life 保険 政策s not 現在／一般に written in 信用, which can be changed to 妨げる payouts getting rolled into their 広い地所

2) Have they 相続するd any money in the past two years that would 増加する the size of their taxable 広い地所, but which could be redirected to another person 経由で a 行為 of variation?

3) If a partner has died, are they making use of their nil 率 税金 禁止（する）d of £325,000 in 新規加入 to their own

4) Do they want to make gifts to 減ずる the size of their 広い地所

5) Do they want to 始める，決める up a 信用 to 減ずる the size of their 広い地所

6) Do they want to take out life cover, such a seven-year 称する，呼ぶ／期間／用語 計画（する） to 相殺する any gifts that may not be 税金-免除された if they die during that period

7) Do they want to put money in 投資 乗り物s that qualify for 商売／仕事 所有物／資産／財産 救済

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