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Best bits: Inheritance tax masterclass

Martin Lewis explains how Inheritance Tax works and goes through all the practicals on how much you can leave before its taxed.

This is a special best-of episode of the Martin Lewis Podcast, where Producer Simon has picked his favourite topics Martin has covered.

Martin Lewis delves into one of the most talked-about financial topics in the UK: Inheritance Tax. From understanding who pays it and when, to the key allowances, gifting rules and common misconceptions, Martin shares some of his most valuable insights to help families make sense of the complex rules surrounding passing on wealth.

Plus, in the Tell Us, Martin hears from listeners about the unexpected lessons they learned after retiring. From financial surprises and lifestyle changes to the things they wish they'd known sooner, these honest and often heartwarming reflections offer valuable insights for anyone planning for life beyond work.

If you want to ask Martin a question, you now can! His Question Time podcast lets you ask Martin absolutely anything and everything (within reason!). So, if you’ve always wanted to know his favourite paper size, what prescription he has in his glasses, or have a very complicated question about your finances, email it to MartinLewisPodcast@bbc.co.uk.

Release date:

1 hour

Broadcast

  • Next Sunday 06:00

Podcast