According to a recent YouGov survey, 44% of over-50s tend to revise and change their Will several times. The main reason for this seems to be the complexities of modern family life. The survey found that people tend to change their Will following a sudden change in circumstances or a certain life event. These include…Continue reading
Tag: YouGov
Inheritance Tax Loopholes Exploited by Super Rich
Analysis of HMRC data reveals that the UK’s super-rich don’t pay anywhere near as much inheritance tax (IHT) as the less-rich. It reveals that estates worth over £10m paid an average of 10% tax to the exchequer in 2015-16 tax year. Whereas estates worth £2-3m paid about 20% tax. Neil Jones, Market Development Manager at…Continue reading