In this video, we discuss the critical steps and considerations for avoiding false declarations when dealing with inheritance tax. Key points include:
- The role of a professional agent or solicitor in assessing asset values and gifts
- The importance of declaring the true value of assets and gifts to HMRC
- The legal consequences of making false declarations, including potential tax fraud charges
- The benefits of proper inheritance tax planning to prevent legal issues
Ensure your family understands the importance of accurate declarations and proper planning. If you found this information useful, please like and subscribe.
If you want to learn more, sign up for our FREE IHT webinar:
https://www.bluebond.co.uk/calender-widget-help-steps/step-4