Inheritance Tax Planning

Ensure more of your estate goes to the people you love, when you die

Get in touch
Speak to one of our independent financial advisers or to arrange an appointment
0800 915 0000

The older we get, the more likely we’ll start to think about the legacy we’ll leave behind – and, in particular, how we’d like it to benefit the people (or good causes) we care about.

But how can you make sure that as much of that legacy as possible goes to your beneficiaries, without being swallowed up by tax charges? The answer lies within the concept of Inheritance Tax planning.

Inheritance Tax (IHT) is a charge applied to someone’s estate when they die, by HM Revenue & Customs (HMRC). Your estate will include everything from your pension, to your property and possessions. No IHT is payable on the first £325,000 of your estate. But everything above that amount is generally taxed at a standard rate of 40% – though there are opportunities to reduce the total amount of tax payable.

On top of the nil rate band, there’s also what’s called a main residence allowance. This is currently set at £175,000 per person and would apply when the deceased’s home is passed to their spouse or direct descendant.

IHT planning is a financial planning strategy that aims to identify and make use of the opportunities to reduce the amount of inheritance tax payable, to ensure more of your estate goes to your beneficiaries.

There are a number of ways to reduce an IHT bill, the most straightforward being making a will and leaving all your assets to your spouse, if you have one. There are also more complex IHT planning strategies that require longer-term planning and guidance from a qualified professional in order to be successful. These include tax-efficient investing, gifting your assets in your later years, and putting your assets into trust.

Inheritance tax planning is a complex area that requires forward-thinking and expertise. The rules and laws relating to it will depend on your circumstances, and they’re subject to change at any time.

Get Inheritance Tax Advice

or call: 0800 915 0000

Inheritance Tax Advice

What our clients say

Need inheritance tax advice?

Request a callback from one of our expert advisers

Find an IHT adviser

Where and how we meet depends on whatever’s most convenient for you, but we have a number of locations around the UK if you’d prefer to come to us.

Find an Adviser
Financial Planners Regions

Other services we offer

We provide a complete range of financial services with specialists in every category so that we can match you with the most suited adviser for your needs

Small, but important print

Registration Number 03776035
Registered in England and Wales

Amber River Group Limited is not authorised to give financial advice. The financial planning businesses who are part of the Amber River Group are separately authorised businesses and therefore able to give advice.

You’ll find details of the regulated status of our firms, including FCA numbers and links to the Financial Services Register on each of the location pages in the ‘Find an adviser’ section.

The Financial Conduct Authority does not regulate National Savings or some forms of mortgage, tax planning, taxation and trust advice, offshore investments or school fees planning.

The information contained within this site is subject to the UK regulatory regime and therefore targeted primarily at UK-based consumers.

The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Find full details of the FOS at www.financial-ombudsman.org.uk

Please read our Privacy Statement before completing any enquiry form or emailing us.