Is there any point in taking the 25% TFLS?

davide691

For Osborne’s DoV consultation, “we look forward to drawing on the particular expertise of the leader of the opposition. Unless, that is, the Labour party has executed its own deed of variation by then”

kidmugsy

davide691 wrote: »

For Osborne’s DoV consultation, “we look forward to drawing on the particular expertise of the leader of the opposition. Unless, that is, the Labour party has executed its own deed of variation by then”

Osborne isn't the Messiah, he's just a very naughty boy.

jamesd

One good use of the 25% is to fund making additional pension contributions, so you can increase the final pension pot value by the extra tax relief.

Another use is to do things like buying VCTs that can increase the value of the estate by more than the inheritance tax charge.

Then there are AIM investments that are not currently treated as part of the estate at all if they are in the list of those that qualify for business property relief.

EIS and SEIS investments are exempt from inheritance tax and could be used.