Inheritance tax is charged at a flat rate of 40% on your estate at death. There are various methods of planning your estate to ensure it is both efficient for IHT purposes and provides for your beneficiaries properly.
How we help
- Proactive strategies to reduce IHT exposure through reliefs
- Advice on lifetime estate planning, including use of the nil-rate band (NRB) and residence nil-rate band (RNRB)
- Estate valuation and compliance
Why plan early
The earlier arrangements are made, the greater the chance of taking full advantage of the reliefs and exemptions available. Getting the balance right — providing for your family while keeping the estate efficient — takes skill, foresight and a detailed knowledge of the current tax regime. We provide a discreet, comprehensive service to do exactly that.
What's included
Reliefs & exemptions
Proactive strategies to reduce the 40% charge.
NRB & RNRB
Making full use of the nil-rate and residence nil-rate bands.
Lifetime estate planning
Gifts and structures to reduce your estate over time.
Valuation & compliance
Estate valuation and IHT reporting handled properly.
Frequently asked
How much is inheritance tax?+
The standard rate is 40% on the value of your estate above the available nil-rate bands. Careful planning can reduce or remove that charge.
When should I start planning?+
As early as possible — many of the most effective reliefs, such as lifetime gifts, work best when arranged well in advance.