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Inheritance Tax

Some people are familiar with the principles of Inheritance Tax (IHT), unfortunately others only become aware when it may be too late to do anything about it.

Our team are here to help you, or your loved ones, pay as little tax as possible during these difficult times.

IHT is a tax which can be due during a person’s lifetime, but hits most when they pass away.  The tax is charged at the rate of 40% on a person’s estate at death, and although some exemptions exist (like the nil-rate band), large IHT bills can easily arise once the value of all of the person’s assets are added together.

If you have ever suffered a bereavement you will understand that it is a very difficult time and the last thing you want to have to worry about is leaving your loved ones with an unnecessarily large IHT bill and mountains of paperwork.

Our Tax Specialists will review your estate and calculate your likely exposure to IHT.  They will then help you to plan and structure your affairs to mitigate, or in some cases avoid altogether, any unexpected IHT bills.

For more information contact our team.