APR has been on our minds recently. And BPR. And the forthcoming October budget. And whilst looking round the internet for expert opinion and forecasts, we discovered a really interesting and potentially useful article from Marcia Banner of the Personal Finance Society, the professional body for the financial planning profession in the UK.

In it, Marcia lists out 7 ways to ensure as much of your money goes to your heirs, and less of it goes in the way of tax. And to that, we’d like to add an 8^th strategy – charity giving. Read our recent blog on this here.

Marcia explains the issues succinctly: the IHT thresholds have been frozen until at least 2030, radical changes to APR and BPR have been proposed, and the inclusion of pension pots into inheritance tax calculations from April 2027 change the inheritance planning landscape greatly.

But rather than us paraphrasing or summarising further, we recommend that you read the article yourself here. It could be very helpful. And we can take the week off on a much-needed summer break!

If you need further information, on any aspects of this as it pertains to your will, existing trusts or new ones, please contact Jenny Barron on 01756 692866 or email jenny.barron@awbclaw.co.uk.

29 August 2025

Article website

Inheritance tax planning – A simple strategy for effective mitigation

Further reading

Amongst uncertainty about APR changes, is gifting the answer?

Too good to be true? Can you give money to charity in your Will, and save tax?