What a boring title, Inheritance tax

[BrendanJ]

Probably topical to the users of this forum,
With inheritance tax still at 40 % , finally realised a positive slant on this story
Every penny that you spend whilst still living is effectively at a 40 % discount, ie 40% would be taken anyway so consider everything you spend at 40 % discount
I’ve had a bottle of wine tonight so forgive me if my logic is not completely correct but the principle is for sure .
What a positive motivation to spend, Go spend the money and screw HMRC

 

[The Pox]

It is very wise to take experienced, professional advice. It is amazing what loopholes these guys (and gals) know. From personal experience it is amazing how easily it can be avoided. It will cost you obviously but no where near as much as 40%. I paid 1K for the advice. The best 1K I have ever spent.... So do not despair