There are numerous forms of tax that can impact you both through life and on death. One thing that remains constant is that no one likes to pay more tax than they have to.
Protect Your Wealth for Future Generations
There is a fundamental link between wealth and taxation planning. We, in collaboration with in-house tax experts, can assist you in reducing (or mitigating) tax liabilities. Whether it’s investing for tax-friendly income or ensuring the biggest beneficiary from your death isn’t the taxman, we can provide you with insight and assist you in creating appropriate plans.
Making use of trusts may also prove an effective way of protecting your assets from inheritance tax with family wealth planning in mind. We can assist you in managing underlying trust investments effectively and administrating the trust correctly to avoid any potential financial pitfalls.
Tax rates & allowances - Inheritance tax
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Capital taxes - Trusts
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Capital taxes - Making a will and other related matters
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Capital taxes - Inheritance tax - a summary
Ways to minimise your estate's liability to inheritance tax.
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Webinars - Inheritance Tax Planning (IHT)
This webinar looks at how financial advice should play a key part in your investment decisions when you consider Inheritance Tax (IHT) and succession planning. IHT is definitely no longer a concern just for the 'rich', with an increasing number of estates falling into the range impacted.
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Stocks are at record highs and have now risen for five months in a row. Such a hot streak is quite rare, happening only 11 times since 2009. An artificial intelligence (AI) investment boom is at the heart of the rally.
It is difficult to recollect a more seismic Budget in recent times. The last major changes to Inheritance Tax were made in 2006, but mainly in relation to Trusts. There was an expectation that Inheritance Tax reliefs would be reformed, most likely for landlords who lease out land which qualifies for Agricultural Property Relief (APR). It was considered much less likely that Business Property Relief (BPR) would be reformed, and there was a distinct lack of speculation in this regard.
Wednesday 5 April 2024 sees the end of the current Tax Year. Following the Chancellor's continued plans to freeze and in some case reduce Tax-free allowances, it's more important than ever to make the most of some timely Tax planning.
We often take steps to fund for future retirement, manage our Inheritance Tax position or make Wills, but planning for care needs is seldom at the top of our lists.
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