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NEWS & INSIGHTS

Our lawyers are experts in their fields. Through commentary and analysis, we give you insight into the pressures impacting business today.

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Inheritance Tax and lifetime gifts

Christmas is a time for giving. It is also an opportunity to make use of  inheritance tax exemptions including where surplus income can be used to make gifts. At present there is no limit to the amount of surplus income that can be given away provided it is not required for your normal day to day expenditure. Please ask us for advice about this useful exemption