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We are currently in the midst of the largest wealth transfer in history.
Naturally, this makes the issue of inheritance tax and estate planning increasingly important.
With the UK government charging inheritance tax up to 40% after your allowances it’s no surprise to learn that inheritance tax is set to bring in the government billions in tax revenues.
HMRC will be paying attention so you should be too.
Now if you have been stumbling around on the internet, talking to friends or maybe even your accountant then you will likely have an idea of some of the rules around inheritance taxation.
However, it is easy to fall into inheritance tax issues and problems.
It is not an easy area of personal finance and getting it wrong can have huge tax implications.
So, why not talk to an expert?
Someone who knows inheritance tax inside and out.
Who can guide you through your options.
And help you achieve your goals with your assets
if this sounds like something you would be interested in then please get in touch with us below.
The levels and bases of taxation and reliefs from taxation can change at any time. Tax relief is dependent on individual circumstances.
We find out about you and what you want to achieve - as well as gain a good understanding of your current position and explain a little more about us.
Financial planning requires consideration as we need to look at all the opportunities available. Typically, this takes us a couple of weeks but if it is complicated it may take us longer.
We take our ideas and explain the options; the pros, the cons and the costs. We make it simple to understand and then you decide what you want to do.
Once you have agreed to our plan, we work to make it happen. We then review and monitor everything with regular meetings to ensure you continue to receive the advice you need.
A key part of any inheritance tax plan is looking at your overall financial picture.
Our advisers work to find out your current position.
We then look at the basics and make sure you are using up all your allowances and you are still secure yourself.
There is a balance between minimising inheritance tax and making sure that you are still financially secure.
We help you make the right decision.
We create a plan for you.
We make sure you are doing the right things to reach your goals.
Ultimately we;
We are here to help you achieve your goals.
Working with you to make positive actions and well-informed decisions.
We use a software called Voyant to create a plan of your finances.
Voyant show’s your finances over the long term and helps to inform us on critical decisions including if you can afford to retire.
Not everyone’s situations is the same. Depending on whether you are business owner, self employed or an employee can have big impacts on your plan.
Instead, we look at each person situation individually and see what applies to your specific situation.
We then work with you over the long term to help you achieve your goals.
The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances.
Whilst we provide the bespoke and tailored service of a small firm.
The suitability of our advice has the backing of one of the UK’s largest wealth management companies.
Ultimately, this gives you an extra layer of protection and the best of both worlds.
Our team has won numerous awards including the Personal Finance Society Investment Specialist of the Year 2020. You can read more about our awards by clicking the icon above.
We take the time to get to know you and spend the time to figure out if we are a good fit. We want to work together for the long term to help achieve your goals.
We work with the rural community so we understand the summer is busy and that the profits may not always be clear until the last moment. We can work with you, your team and your accountant to help you plan for the future.
Our team has won numerous awards including the Personal Finance Society Investment Specialist of the Year 2020. You can read more about our awards by clicking the icon above.
We take the time to get to know you and spend the time to figure out if we are a good fit. We want to work together for the long term to help achieve your goals.
We work with the rural community so we understand the summer is busy and that the profits may not always be clear until the last moment. We can work with you, your team and your accountant to help you plan for the future.
We use a combination of ideas and tools and apply them to your specific circumstances.
Each idea has different uses pros and cons, and it is all about balancing the nuances and other considerations of your financial affairs to keep you living the life you want whilst reducing your inheritance tax bill.
Ultimately, we help achieve your goals and the priority often is making sure that you have enough to enjoy your life and then the consideration is ensuring that any inheritance tax problems are at the very least limited.
So, if this sounds like something you might need help with make sure to get in touch with us.
