Anne Robinson ‘gives away’ £50million fortune to her family to avoid inheritance tax bill
ok.co.ukThe Weakest Link legend Anne Robinson has disclosed that she's distributed her wealth to avoid it falling into the hands of the taxman upon her death.
The 79 year old broadcaster, who is believed to have accumulated a whopping £50 million from her extensive career, stated that she's "given it away" to her daughter and grandchildren to dodge substantial taxes.
Anne has expressed that she's "spread" her money around to spare her family from having to pay tax when she passes away.The standard Inheritance Tax rate stands at 40% over the value of £325,000, although there are some exceptions.
According to the government website, some gifts given while the person is alive may be taxed after their death. Depending on when it was given, 'taper relief' might mean the Inheritance Tax charged on the gift is less than 40%.
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