Inheritance Tax

Inheritance Tax

If you are single or divorced current UK legislation allows the first £325,000 (2012/2013 Tax Year) of your estate to be free from Inheritance Tax, or £650,000 if you are married in a civil partnership or widowed (providing no previous gifts were made by the deceased spouse).

Under current legislation, the taxman could take a massive 40% of everything you leave over the threshold (known as the nil rate band). This means that the HM Revenue & Customs may receive considerably more from your estate than you may realise and many people are not aware of what they can do to mitigate this.

We are able to advise as to the most tax efficient way to manage your estate and finances – from trusts to tax and more. Everyone’s circumstances are different; you may own a business or have a farm in which case you may be entitled to some significant tax reliefs. We can help you review your current circumstances and assist you with making you as tax efficient as possible.

Want to know more?

Blog Posts

Coronavirus Job Retention Scheme – FAQS

06/04/2020

As part of its package to support employers, businesses and employees during the COVID-19…

Read More
Upcoming Events

Supply Chain Supper Club – February 2020

05/02/2020

This event is invite only. If you would like to receive an invite, please…

Read More
News Posts

7 key issues to consider when making redundancies

22/05/2020

Unfortunately, the country is likely to face a difficult economic climate for some time…

Read More

Testimonials

"The ease that we could access and speak to Pat Smith - Thank you"

-

"“ This is the second time we have used Tracey for the conveyancing to buy our new home. She is always completely approachable, she has helped us along the way with advice and useful tips that has helped lessen the stress. We have complete confidence in her and would not hesitate to recommend her to our friends and family”.  - Peter Dawes, Cater Dawes Financial Planning "

-

"Approachable, very efficient, always willing to take my calls and update me."

- SH

"I don't think this house sale would have pulled together without Jo's determination and expertise. Excellent!"

- MT

"This is by far the go-to firm for any issues. You are made to feel valued from the outset and they are so confident in what they do. Wouldn't recommend any other. Thank you Hugh and Max."

- Ros Jones

"Jade made the process of buying our first home quick, easy and took the stress out of a new chapter of our lives"

-

"I would like to say thank you for your help, support and guidance over the last two and a half years. Obviously should I need further assistance in the future I shall not hesitate to call you guys."

-

"We were very pleased to have Jade as our solicitor, the service was excellent and we felt kept in the loop which minimised stress"

- CT

"Prompt, helpful, polite and very professional service"

-

"Jade Shelton was absolutely fantastic!! Professional and proactive at all times."

- JH

Please select preferred method of contact

* We will only contact you by telephone if you select this as primary form of contact. All web enquiries will be stored on our website for 30 days.