Large estates could be accountable to a “hidden afterlife tax” if they accommodate investments which abide to abound afterwards death, experts accept warned.
Although the bulk of bequest tax (IHT) to be paid is affected anon afterwards a person’s death, assets accrued by the deceased’s acreage during the administering aeon is still taxable.
This aeon could aftermost for a year or more, and executors may not realise that any assets accrued, conceivably in the anatomy of dividends, will be accountable to assets and allotment tax in the accustomed way.
Soaring abode prices, decidedly in the south east, accept meant that British bodies are advantageous IHT in anytime greater numbers. In total, IHT payments rose by 8pc in 2017-18 to…
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