Inheritance Tax Planning

Why is inheritance tax planning needed?

Inheritance tax is a one-off payment made on the value of your estate when you pass away and can result in a large amount of your estate being lost in tax payments if it’s not structured to maximise any tax reliefs.

By structuring your estate in the right way you can save money and have the reassurance that your hard earned money will not be wasted in tax. This can be done through using a range of exemptions and financial planning methods, such as:

  • Residence Nil Rate Band (RNRB)
  • Annual exemptions
  • Gifts
  • Pensions
  • Trusts
  • Agricultural Property Relief
  • Business Property Relief
  • Inheritance tax threshold for unmarried couples
  • Transferable inheritance tax threshold

The right advice can help you understand these exemptions and make sure your estate is fully protected.

There are also a variety of exemptions which apply to married couples and as each person’s situation is individual, it’s vital to take professional advice.

How can SAS Daniels help with your inheritance tax planning?

Our specialist team can review your assets and advise you to ensure that any available tax relief is maximised. Leaving you with peace of mind and confidence that your assets are protected.

We can help you by:

  • Reviewing your assets;
  • Explaining the various reliefs available to you, and the advantages and disadvantages of each;
  • Helping you implement any changes.

Our team will take the time to get to know you individually. By doing this they can fully understand your situation and tailor their advice to suit you. Leaving you feeling reassured that the right person is looking after you.

When it comes to pricing, the team are open and transparent and will discuss any costs with you at the outset. Meaning you can relax and not worry about the financial implications.

Contact us

For more information about inheritance tax planning, contact our team via our contact form or call us on 0161 475 7676.