Farra is a death administration assistant for UK families. Get step-by-step guidance for registering a death, applying for probate, notifying banks, and managing bereavement admin. From essential documents to practical checklists, Farra simplifies estate paperwork and funeral-related tasks so you can focus on what matters.
Inheritance tax affects a growing number of estates as thresholds remain frozen until 2030 and the 2025 Budget introduced major changes to business relief, agricultural relief, and pensions. These guides explain every relief and exemption available — and what changed.
APR changes from April 2026 cap full relief at £2.5m combined with BPR. Essential reading for farmers, landowners, and rural estate planners.
AIM shares lose 100% BPR from April 2026, dropping to 50% relief. What it means for AIM IHT portfolios, existing holdings, and alternatives to consider.
BPR changes from April 2026 cap relief at £2.5m combined with APR. What it means for business owners, farms, and AIM portfolios — and what planning still works.
Leaving 10% of your net estate to charity reduces the IHT rate from 40% to 36%. How to calculate if it is worthwhile, how to structure the legacy, and worked examples.
Can a deed of variation undo gifts made before the 2025 Budget? What deeds of variation can and cannot do for IHT planning, with worked examples.
Despite Budget changes, gifting remains the most powerful IHT tool available. Annual exemptions, gifts out of income, PETs, and more — what still works in 2025/26.
A gift with reservation of benefit stays in your estate for IHT. The classic example is giving away your home but continuing to live in it. How HMRC treats these gifts.
From April 2025, IHT liability is based on residence not domicile. Non-doms resident for 10+ years face IHT on worldwide assets under the new long-term resident rules.
Discretionary trusts face a 10-year periodic IHT charge and an exit charge when assets leave. How the calculations work, what rates apply, and when trusts still make sense.
The way you jointly own property affects IHT on death. Joint tenants pass by survivorship; tenants in common pass by will. Which is better for IHT planning?
A comprehensive 20-step IHT planning checklist for 2025/26. Covers gifting, trusts, nil-rate bands, insurance, charitable legacies, and the new Budget changes.
IHT nil-rate bands are frozen at £325,000 and £175,000 until April 2030. As house prices rise, many more estates will pay inheritance tax. Numbers, impact, and planning steps.
A life insurance policy written in trust pays out outside your estate, avoiding IHT on the proceeds. How trusts work, which to use, and the steps to set one up.
The non-dom IHT regime changes from April 2025. The new 10-year resident rule means long-term UK residents face IHT on worldwide assets. What you need to know.
Regular gifts from surplus income are completely exempt from IHT with no annual limit. How the exemption works, what HMRC requires, and how to document it correctly.
From April 2027, unspent pension funds fall into your taxable estate. Worked examples show the impact and the planning steps that can still reduce the bill.
The pre-owned asset charge applies an income tax charge when you give away an asset and continue to benefit from it. How POAT works, how it interacts with GWR, and planning options.
Taper relief reduces IHT on gifts made 3–7 years before death. Worked examples for every year window show exactly how much tax is saved — and common misconceptions explained.
Unused nil-rate band and RNRB from a deceased spouse transfers to the survivor, potentially doubling the IHT-free threshold to £1m. How it works and how to claim it.