Episode Summary
In this episode, Steve is joined by tax expert Sam Hart from Rosegate Tax for an engaging and accessible deep‑dive into inheritance tax. They explore why moving abroad for tax reasons isn’t the quick fix people think, how trusts and gifting rules can help reduce liabilities, and why planning early matters. Mixing humour with high‑level expertise, the conversation helps listeners understand how to protect family wealth without sacrificing happiness or security.
Episode Highlights
- Is Moving Abroad Worth It?
Sam explains why relocating for tax purposes requires strict residency rules, years away from the UK, and major lifestyle sacrifices; far from a quick win. - Smart Ways to Minimise Inheritance Tax
From trusts to the seven‑year gifting rule to business property relief, Sam outlines practical, effective strategies for reducing IHT while staying in the UK. - Why Happiness Comes First
The discussion emphasises planning around your life — not just your money — and balancing tax efficiency with what genuinely makes you happy.
