Tax planning

Inheritance tax planning

Solicitor and tax advisers working together with our financial advisers to give a seamless service.

As part of your estate planning, inheritance tax planning is a vital component.
Linking our legal, tax and financial planning team, we can advise you on the best way to plan your finances and affairs to protect your loved ones.

Currently, on your death, if your estate exceeds £325,000 in value, your estate may pay tax at 40% on the amount over and above this threshold. If the whole or part of your estate passes to UK charities or to a spouse or civil partner further exemptions may apply. Reliefs are also available when you hold agricultural or business property.

There are various ways in which you can plan to reduce the amount of inheritance tax you may be liable to pay. Our team of legal, tax and financial planning experts can help you plan your affairs in the most tax efficient manner possible.