Paying off childs student loan

Aggy59

My husband and i would like to pay off the balance of our sons student loan.  Are there inheritance tax implications on this?

la531983

As an investment its a rather poor one given that the interest rate matches inflation and its written off at a certain age. 
Are they a homeowner? A contribution to a deposit a better option?

Keep_pedalling

la531983 said:

As an investment its a rather poor one given that the interest rate matches inflation and its written off at a certain age. 
Are they a homeowner? A contribution to a deposit a better option?

It is only written off if you are on a low income for decades.

As for the original question, gifts (for whatever purpose) have no negative impact on IHT. If neither of you used your annual exemptions last financial year the first £12k will drop out of your estates with emmediate effect anything over that will be subject to the 7 year rule.