Investment Bond Order of Taxation UK

Learn about the order of gift making in the UK for Inheritance Tax purposes.

The sequence in which clients make lifetime gifts can influence which transfers are chargeable, which use the nil rate band, and how much tax is ultimately paid.

This briefing note explores the practical “pecking order” of common gifting strategies, including outright gifts, trusts and exemptions, and how they interact over time. It is designed to help you prioritise which assets to give away, and when, so that generosity is balanced with long‑term tax efficiency.

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