Estate planning includes taking into account the IHT (Inheritance Tax) gift allowance. In the UK, people are exempt from paying taxes on charitable donations up to £3,000 per year. This yearly exemption is a useful tool for lowering possible inheritance tax obligations. Understanding and making use of this exemption can reduce tax costs while assisting individuals in effectively managing their estates and providing financial support to loved ones. To know more visit our website or can click on the given link https://www.newscognition.com/....things-to-know-on-ih
