Estate and Inheritance Tax Planning
Nobody likes to think about what happens after their death, but seeking expert advice will give you peace of mind that you are protecting your assets for your loved ones. That way you can be sure that they will be financially secure when you are no longer around to look after them.
On your death, inheritance tax (IHT) is levied at a hefty 40 per cent on your estate above an allowance known as the nil rate band – frozen at £325,000 until at least the 2018-19 tax year.
If you think your estate may be liable to inheritance tax on your death it is important to plan in advance so your tax liability will not be greater than it should be. There are many opportunities for tax efficient planning, if you put them in place in good time.
We can help you to alleviate the stress of worrying about the future, and provide you with the tax advice you need. Whether you are worried about inheritance tax costs or calculating your annual income tax, we have the expertise to answer all your questions and give you the best plan for the future.