Inheritance Tax Review
Inheritance tax is levied at 40% on the value of any estate over £325,000 at death. There are a number of actions that can be undertaken to minimise/reduce this liability in advance of death. The Taxless team can review what your business is currently worth and what you/ your partner and your family are currently worth to help facilitate advanced tax planning. See also Trusts and Estates Section below.
Who are they For?
Individuals/couples with assets and children or Individuals with parents owing assets.
Our inheritance tax review starts from £150+ vat for a personal balance sheet to be compiled highlighting your current asset position. This can be reviewed by us at Taxless and where necessary a trusted Financial Adviser closely associated with Taxless. We can identify potential actions to increase and preserve wealth and reduce future tax liability.