David Aaron Partnership is predicting changes to inheritance tax in next weeks Budget.
David Aaron chief executive David Aaron claims before coming to power Labour was very critical of the IHT regime and potentially exempt transfers in particular. As it has not made substantial alterations to IHT and has also signalled the need to raise taxes, the IFA says early in a second term would be a likely time to make the changes.
Aaron says: "If inheritance tax changes are make, this could affect the current attractive IHT planning rules. It may therefore the better for investors to take action sooner rather than later."