Give more to your family and less to the taxman with Inheritance Tax planning
If you don’t have the right IHT planning in place for your family, HMRC may take 40% of the bulk of your estate.
Business professionals and entrepreneurs spend all their time and effort building their wealth, but in our experience, few have the foresight to consider their IHT position throughout their business journey, and many leave it until it is too late.
You need to be prepared and ensure your families are protected if the worse was to happen, that’s why we’re urging you to make sure that you firstly understand your own IHT position and secondly, consider some simple planning tips to help minimise your IHT exposure, for example, having up-to-date wills in place.
If something happened to you, could you be sure that HMRC wouldn’t want 40% of the bulk of your estate?
Our team of experts work with you to ensure you have all the right procedures in place to protect your family for the future.
Recent years have seen an increase in the amount of Inheritance Tax paid in the UK. There are a few reasons for this, firstly due to the increased value of estates which has largely been driven by increased house prices, secondly due to the recent “bull” stock market with growth in portfolios of c20% over the last year and finally due to the thresholds and allowances remaining the same.