Inheritance Tax affects more families than many people realise. Planning ahead can help you understand how your estate may be taxed and identify opportunities to reduce future liabilities.
Whether you’re reviewing your personal affairs, planning to pass on wealth to the next generation or considering the future of a family business, we can help minimise the impact of Inheritance Tax while taking account of your wider family, business and estate planning.
We can advise on:
There is no single solution. Depending on your circumstances, gifting, trusts, business reliefs and other planning opportunities may all help reduce the amount of Inheritance Tax payable. Planning early usually provides the greatest flexibility.
No. Whether Inheritance Tax is payable depends on the value of your estate, the allowances available and who inherits your assets. Every estate is different.
The Residence Nil Rate Band (RNRB) is an additional Inheritance Tax allowance that may apply when a main residence is left to direct descendants, such as children or grandchildren. The rules are complex and depend on your individual circumstances.
Some business assets may qualify for Business Property Relief, which can reduce or eliminate the Inheritance Tax payable. The relief available depends on the nature of the business and how it is owned.
Inheritance Tax planning isn’t just something to think about later in life. Major life events such as buying property, starting a business, retirement or receiving an inheritance can all be good times to review your plans.
6 July 2026
6 July 2026
6 July 2026
6 July 2026
6 July 2026
23 June 2026
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