IHT
Inheritance tax. The tax payable by UK resident taxpayers to HMRC on the value of their estate at death, over and above the prevailing threshold limit at the time.
ISA
Individual Savings Account. An investment account operated within the UK whereby individual investors can deposit money to be invested in a broad range of investment products. Capital gains and investment income within the ISA “wrapper” are free from Capital Gains Tax and Income Tax respectively.
IoT
The Internet of Things (IoT) refers to the vast network of physical objects such as devices, appliances, and sensors, that are embedded with software, sensors, and other technologies to connect and exchange data over the internet. These "things" can collect data from their environment, share it with other devices and systems, and execute commands, transforming everyday objects into smart, interactive components of a larger connected ecosystem.