Inheritance Tax (IHT) can significantly impact the value of your estate passed on to your loved ones. Our comprehensive Inheritance Tax services are designed to help you navigate the complexities of IHT, plan effectively, and minimize the tax burden on your heirs. We work with you to ensure that your estate is managed efficiently and in accordance with your wishes.

Who Needs to Consider Inheritance Tax and Why?
Inheritance Tax (IHT) may be payable on the value of your estate when you pass away if it exceeds the current IHT threshold, known as the nil-rate band. The standard nil-rate band is currently £325,000, with a tax rate of 40% on the value of the estate above this threshold. In certain cases, reliefs and exemptions, such as the Residence Nil-Rate Band (RNRB) or charitable donations, can reduce the amount of IHT owed.
Key scenarios where IHT planning is essential include:
• High-Value Estates: If the total value of your assets, including property, investments, and personal possessions, exceeds the IHT threshold, your estate may be subject to significant tax liabilities.
• Property Owners: Property is often a substantial part of an estate’s value, making IHT planning particularly important for homeowners.
• Gifting and Trusts: Transferring assets during your lifetime or using trusts can help manage your estate’s exposure to IHT, but these strategies require careful planning and understanding of the seven-year gifting rule and trust regulations.
• Business Owners and Agricultural Landowners: Special reliefs, such as Business Property Relief (BPR) or Agricultural Property Relief (APR), may be available to reduce IHT liabilities on business or agricultural assets.
Effective IHT planning ensures that your estate is distributed according to your wishes, while minimizing the impact of IHT on your beneficiaries. Our expert services guide you through the options available, helping you make informed decisions that protect your family’s financial future.

Our Inheritance Tax Services
We offer a full suite of Inheritance Tax services designed to simplify the planning process and optimize your estate’s tax efficiency. Our services are tailored to your specific circumstances and cover everything from estate valuation to long-term tax planning. Here’s what we provide:
• Estate Valuation: Accurately assessing the value of your estate, including property, investments, and other assets, to determine potential IHT liabilities.
• Tax-Efficient Estate Planning: Developing strategies to minimize IHT, such as making use of the annual gift allowances, setting up trusts, or taking advantage of available reliefs and exemptions.
• Trust and Gifting Advice: Advising on the use of trusts and lifetime gifts to manage your estate’s exposure to IHT, including guidance on the seven-year rule and implications for beneficiaries.
• Residence Nil-Rate Band (RNRB) Planning: Helping you understand and apply the additional RNRB for passing your main residence to direct descendants, where applicable.
• Business and Agricultural Property Relief: Advising on how to maximize reliefs for business or agricultural assets, reducing the potential IHT liability on your estate.
• Charitable Giving Strategies: Explaining how leaving a portion of your estate to charity can reduce your IHT liability, including the reduced tax rate for charitable donations.
• Lifetime IHT Planning: Providing ongoing advice on managing your wealth during your lifetime, including the benefits and risks of gifting assets or restructuring your estate.
• IHT Return Preparation and Filing: Preparing and submitting IHT forms to HMRC, ensuring all reporting obligations are met accurately and on time.
• Probate and Estate Administration Support: Assisting executors with the probate process, including calculating IHT, dealing with HMRC, and ensuring the estate is administered efficiently.
• Handling HMRC Queries and Disputes: Representing you in any discussions or disputes with HMRC related to IHT calculations or claims, providing peace of mind for you and your family.

Our team of IHT specialists is dedicated to helping you protect your legacy and ensure your loved ones are taken care of. We work closely with you to develop a personalized and tax-efficient estate plan, providing expert guidance and support every step of the way.