What we do
Inheritance tax
The part of tax people most often leave until it is somebody else's problem.
What inheritance tax work with us covers
This is the one where the conversation matters more than the form, and where having it early is worth more than having it perfectly.
- Inheritance tax
- We help you understand and plan for inheritance tax, ensuring available allowances and reliefs are considered to help protect more of your wealth for the future.
It is a conversation about a family, which happens to have a tax return attached.
That is why we would rather have it early and unhurried than at the point where somebody is dealing with an estate and a deadline at the same time.
Common questions
Questions we get asked about inheritance tax
Answered from a published GOV.UK page wherever a question has a factual answer, with the page linked so you can check it.
What is inheritance tax actually charged on?
GOV.UK describes it as a tax on the estate (the property, money and possessions) of someone who has died. It is charged only on the part of an estate above the tax-free threshold, and there is normally nothing to pay if the estate is below it or if everything above it is left to a spouse, a civil partner, a charity or a community amateur sports club. The threshold and the rate both change, so check the current figures on GOV.UK, then talk to us about your own position.
GOV.UK: how inheritance tax worksWho actually pays it?
GOV.UK: funds from the estate are used to pay inheritance tax to HMRC, and the beneficiaries, the people who inherit, do not normally pay it themselves, though they may have related taxes to pay, for example if they receive rental income from a house left to them. People given gifts during someone's lifetime can be liable in some circumstances.
GOV.UK: how inheritance tax worksTell us where you are with it
A sentence is plenty to start. We will tell you what we would do and what it would cost before anything begins.