In this second part of our look at inheritance tax, we’re going to look at some other ways you can reduce your inheritance tax burden. Check out the first part of our look at inheritance tax here.

Tax on the inheritance of property has existed in the UK since probate duty was first introduced in 1694. But it's only in recent years that it has become a significant consideration for large swathes of the population. While house prices have escalated, inheritance tax thresholds have remained the same or even reduced. More people now face the prospect of falling foul of inheritance tax legislation than ever before.