On this week's episode of the podcast, Paul & Megan chat to Andy Lewis (John Scott Davidson Ltd) explains what the current rules are around inheritance tax in the UK including when it is payable, who is liable to pay it and some tax efficient measures to take.

Skip to the part most relevant to you:
0:00-1:44 Intro
1:44-4:27 What is inheritance tax?
4:27-8:48 Who pays inheritance tax?
8:48-11:00 Inheriting property
11:00-12:40 Discussing inheritance with family
12:40-13:52 If you are eligible to pay inheritance tax
13:52-17:57 What changes did the 2024 UK budget make to inheritance tax?
17:57-23:16 Inheritance tax on pensions
23:16-29:26 Are gifted deposits eligible for inheritance tax?
29:26-32:12 Reducing inheritance liability
32:12-36:20 Who actually pays for the inheritance tax?

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