INHERITANCE TAX
With the inheritance tax threshold remaining frozen at £325,000 many people will continue to find that the value of their estate takes them into the 40% tax bracket even with the recent introduction of the additional main residence nil rate band. It is therefore vitally important to review your tax position and make sure that you are structured as tax efficiently as possible as the tax savings involved can be substantial. We can advise on several areas through our lifetime planning service so that you can be sure that when you pass away your executors only pay the correct amount of inheritance tax in line with your circumstances.
How we can help
We help clients of all ages and their families to consider their exposure to Inheritance Tax (IHT) and how they can be more tax efficient in the future.
YOU TALK
Reviewing your likely IHT position begins with pulling together a snapshot of everything you own and owe, examining what reliefs and exemptions might apply on your death, and working out what can be done to improve this liability.
WE LISTEN
We listen carefully to your wants and wishes, as well as your needs, and help you to strike the balance between making lifetime gifts, whilst ensuring you can maintain your lifestyle.
WE ADVISE
As part of our review, we will help you understand how you can minimise IHT and the options available. These range from simple measures, such as making use of annual exemptions or gifting surplus income, through to restructuring your assets, as well as offering Will writing support through our trusted network of contacts. Please call us or fill out the contact form below to find out more.
SEE FURTHER INFORMATION BELOW
Tax Returns
Whatever way you earn your income, you probably have better things to do than sorting out your tax returns.
Trusts & Estates
How can you protect your wealth and ensure it is passed down to younger generations in a responsible way?
IHT, Trusts, Estate Planning & Probate Services
Estate planning is about organising your finances and assets to ensure that you can pass on property and belongings to loved ones after your death, with the minimum tax burden.
Property Taxes
Advice on property holding and transactions depends on whether you are an investor, trader, or developer, and whether your property is commercial or residential, in the UK or overseas.
Capital Gains Tax
If you are contemplating the sale of capital assets such as a property, business interests or shares...
Tax Investigations
How do you prepare for a tax investigation and what’s the best way to deal with HMRC?
Private Client Services
Keeping on top of your tax affairs is crucial for financial well-being so talk to our experts about minimising your risk before a letter from HMRC lands on the doormat.
We appreciate the sensitivities around IHT and acting for clients over many years ensures we have a thorough understanding of their affairs.
Calvin Healy
Director