What is the best way to plan to minimise tax liability.
Parents currently have property (jointly owned) approx 200K, Money on deposit & investments of approx 800K (mostly held by father), plus principal shareholder of a company with assets of approx 250K.
I am currently a director (with minimal shareholding) of the company.
What is the best way to plan to minimise tax liability, particularly in view of the recent mention of higher IHT rates?
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