Comment on IHT receipts rising by £400 million

by | Oct 20, 2023

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With the announcement that IHT receipts are rising by £400 million, John Glencross, CEO and Co-Founder of Calculus has commented. The comment can be seen below:

Commenting on IHT receipts rising by £400 million, John Glencross, CEO and Co-Founder of Calculus, said: “Inheritance tax (IHT) receipts have maintained an upward trend, remaining elevated due to the extended freeze on IHT thresholds until at least April 2028. One area that advisers and investors could consider helping mitigate against IHT is the Enterprise Investment Scheme (EIS), as it offers complete inheritance tax relief, provided the shares are held for a minimum of two years and are held at the point of death.”

“At Calculus, our Calculus EIS Fund provides investors with the opportunity to not only take advantage of the diversified and tax-efficient nature of our products, but also to contribute to innovative UK companies with a strong societal purpose and impact.”

 
 

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