Failed inheritance tax gifts: Why £336m matters (and what you can do about it)
The stat that should concern every probate professional: Between 2021 and 2026, HMRC caught nearly 2,500 failed inheritance tax gifts worth £840m. The total tax bill of £336m is due to a misunderstood rule about continued use. The rule is clear but the mistakes are common. “Reservation of benefit” states that if you gift an […]
A quarter of over 55s ‘have never discussed inheritance’
One in four over 55s have never discussed inheritance, new research suggests. The research by YouGov for wealth management and employee benefits firm Mattioli Woods highlights a persistent reluctance among over-55s in the UK to discuss inheritance, alongside significant gaps in understanding of inheritance tax rules and estate planning. Inheritance remains one of the UK’s […]
Profile: Mihiri Suneeta Gajraj, partner and head of private client at Trethowans LLP
Mihiri is an experienced private client specialist who qualified in 2009 at a Southampton firm before joining Trethowans in 2015. She now leads the firm’s highly regarded Private Client team. Recognised for her depth of expertise, Mihiri is ranked in Band 1 in the Chambers High Net Worth Guide 2025 and acknowledged as a Leading […]