The online hub aims to help Financial Planners improve their IHT knowledge.

Access to the hub is free to Financial Planners.

Time has also launched the third edition of its Adviser’s Guide to Business Relief, originally launched in 2018. The guide qualifies for four hours of structured CPD.

The guide is produced in partnership with Intelligent Partnership.

IHT receipts have doubled over the last decade, and in the 2020/21 tax year HMRC collected £5.4 billion in IHT receipts, highlighting a rapidly rising trend.  

Henny Dovland, IHT technical specialist at Time, said: “With property values continuing to rise, many families are being pushed above the frozen nil rate bands and becoming liable to IHT. IHT is often called the “voluntary” tax as, with careful planning, there are many simple and legitimate ways advisers can help their clients reduce their exposure to this tax.

“With trillions expected to pass between the generations over the next three decades, this presents a unique advice opportunity for financial advisers and planners. Intergenerational planning has never been more important, which is why we have launched the new Hub and the latest edition of the Business Relief guide to help advisers identify these planning opportunities.”