Listen "Inheritance Tax Changes after the 2024 Budget"
Episode Synopsis
Send us a textIn this episode of the UK Tax Podcast, Chartered Tax Adviser John Kavanagh discusses the sweeping changes to Inheritance Tax (IHT) announced in the Autumn Budget 2024. From the abolition of domicile as a factor for IHT from April 2025, to the extension of IHT to unused pension funds and the capping of Business and Agricultural Property Relief, these changes represent the most significant overhaul of IHT in decades. John explains what these reforms mean for individuals, families, and businesses, and highlights the importance of reviewing estate plans and taking action ahead of the new rules. Whether you are an adviser helping clients prepare or someone concerned about the future of your own estate, this episode offers essential insights into the evolving IHT landscape.
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