How to Save Inheritance Tax 2020/21

A really good read and very easy to follow. Some areas were not relevant for me, but those who need them will understand it very simply, as the use of English is explanatory and clear.

This book is thorough as far as I can tell but the subject is very complicated and made me realise I cant do this myself and need to engage the services of an expert in this area.

I've bought this book before (for a different tax year). It was very good then, and even better now (the 2020/21 edition clarifies something that was a little vague in the previous edition that I had).Highly recommended.

This is beautifully written to expalin a complex issue. Simple to read and covers almsot all situations.

This is an exceptionally useful and helpful publication.Topics like Inheritance Tax (IHT) can be inherently dry and complicated, but the author (Carl Bayley) avoids both these traps, masterfully.There is a lightness of touch to his writing which makes the subject matter both approachable and comprehensible. He strikes a good balance between the level of detail provided and avoiding becoming overly-complicated.Information is provided in ‘bite-size’ chunks. Numerous examples summarise or clarify the legal/technical points the author has just outlined. I found these to be particularly helpful, since it is makes them easier to see how – in whole or in part – they may apply to one’s own circumstances.The excellent use of chapter and sub-chapter headings also makes for easy (cross)referencing.The chapter on the interaction between IHT and CGT is also very valuable.In summary, this book has provided sufficient information and ideas to enable me to develop my own outline structure for some imminent discussions with legal and tax advisers. Until now, I lacked all such knowledge – both of the punitive risks associated with this invidious tax, and the opportunities and vehicles (trusts, the tax benefits of business property, use of lifetime gifts etc.) which can address and minimise the impact of IHT.This book has provided several ‘lightbulb moments’ for me and I recommend it unreservedly. It is essential reading for those (whether single, married or co-habiting) who have IHT matters to understand and plan for.

This compact, comprehensive and well-indexed guide to saving your hard-earned wealth from the inheritance tax burden answered ALL my personal questions and many more I didn't know I had! I did read it cover to cover, which gave me an overview. Not being a tax expert, some things were a steep learning curve, but throughout the book the language was clear and concise, even containing some humour - and we do all need a smile when contemplating why we need inheritance tax planning in the first place. I especially appreciated the worked examples throughout the book, which were not only detailed but also a reflection of many people's experience. I will now use this guide as a reference manual for the areas of tax law that are most relevant to my own circumstances, mainly the planning ahead advice, the CGT uplift, how to avoid common pitfalls and the detailed rules on gifting property. I have been a customer of TaxCafe for many years and intend to keep up to date with the changing tax laws through Carl Bayley's brilliant guides.

Very useful & informative!

We all hate Inheritance Tax. Most people I know spent endless hours trying to fathom ways to preserve more of their hard-earned (and already taxed) assets. I have bought updated editions of How to Save Inheritance Tax for some years. The book covers every aspect of IHT broken down into bite size chunks. It presents the content simply and entertainingly for the layman. It is not a substitute for professional advice - this is a complex area of taxation liberally scattered with banana skins. What it does admirably is give food for thought. It helps understanding of the subject and, most importantly, it aids your ability to ask the right questions of your professional advisers (and pick the right one).