M18CTID
Well-Known Member
True, but if we're talking about leaving your estate to your children then that 325k becomes 500k if you leave your property to your children. So for a married couple leaving their home to their children, they actually have £1 million between them to play with before Inheritance Tax kicks in. That's a decent wedge whichever way you look at it.Do you think the rich won’t find another way of avoiding this? Whilst your average person will get fucked over because they don’t have financial advisors to tell them to get a cayman island account. £325k is not a massive amount anymore when you consider the average price of housing, those figures need to be reassessed over the years it’s been 15 years since it was frozen, I’d suggest the average house price was considerably less then.