What is Inheritance Tax and can it be avoided?

What actually is inheritance tax, and will it affect you? Can it be avoided without breaking the law? And why are Britain’s farmers so furious about it? In this episode, Holly Mead is joined by consumer finance expert Sarah Pennells to demystify one of the UK’s most controversial taxes. From gifting and the seven-year rule to pensions, property, and the latest government changes, Feel Better About Money is breaking it all down.Guest: Sarah Pennells, Consumer Finance Specialist at Royal London.Contact: Lucy and Holly at: moneyteam@thetimes.co.uk Hosted on Acast. See acast.com/privacy for more information.

Om Podcasten

A weekly podcast for those who want to understand money better. A podcast from The Times and Sunday Times about what is possible.Presented by Holly Mead, an expert in personal finance, the podcast explores how money shapes our lives - from friendships and families to weddings, homes, and the daily challenges of saving and spending.Each week, Holly takes a single subject such as pensions or tax to test out with tried and tested experts, many from the Times Money team. The aim is simple: to give you the insights and information you need to make your money work better for you. Hosted on Acast. See acast.com/privacy for more information.