The Budget Changed Inheritance Tax Forever

The Autumn Budget 2025 did not raise Inheritance Tax rates, but it may still cost your family far more than you expect. Frozen allowances, pension changes, and new limits on key reliefs are quietly pulling more estates into Inheritance Tax across England and Wales, often without people realising until it is too late. In this video, Jim from ELM Legal Services explains what the Autumn Budget 2025 really means for your estate planning, why doing nothing could leave HMRC as one of your biggest beneficiaries, and what practical steps you can take now to protect your family’s future. Please subscribe and turn on notifications to stay up to date with the latest estate planning insights from ELM Legal Services. CHAPTERS 🔍 (00:00) Start (00:49) Intro (01:18) Part 1: The allowances freeze, and how long it has been going on (03:04) Part 2: Pensions are being pulled into Inheritance Tax (04:16) Part 3: Family farms and businesses, the cap is locked in (05:51) Part 4: Individual Savings Account (ISA) changes that quietly shape estates (07:08) Part 5: What this adds up to (08:13) Part 6: What you should do next (11:00) OUTRO - Plan ahead, leave more behind (11:49) Final Words MORE FROM THE “EVERYTHING ESTATE PLANNING” SERIES ☝️ 📜 Stop Overpaying Inheritance Tax –    • Stop Overpaying Inheritance Tax (Most Peop...   ✍️ 8 Costly Estate Planning Mistakes –    • 8 COSTLY Estate Planning Mistakes (And How...   🖋️ Could They Take Your Family Home? –    • Why Every UK Family Should Consider Puttin...   ⚠️ One Simple Mistake Could Leave Your Kids With Nothing -    • One Simple Mistake Could Leave Your Kids W...   HAVE QUESTIONS ❔ Leave a comment below or email us at 📩 [email protected] LINKS 🔗 🌍 ELM Legal Services Website: https://www.elm-online.co.uk FOLLOW US 👉 Facebook:   / elmlegalservices   Instagram:   / elmlegal   TikTok:   / elm_legal_wills_probate   #AutumnBudget2025 #InheritanceTax #EstatePlanningUK #UKBudget #IHTPlanning #WillWriting #Probate #ELMLegalServices #ProtectYourFamily #UKLaw