Inheritance Tax Planning

Discover strategies to protect your farm, business, or land from inheritance tax following the October 2024 Budget changes to relief.

An overview of the key changes from the 2024 Autumn Budget, that may impact your finances this tax year and beyond.

The Autumn Budget will be the first Labour Budget and is expected to address a “£22 billion black hole” in the public finances.

We explore whether you can fund the cost of care, whilst at the same time protecting your children's inheritance from nursing home costs.

With high house prices, university fees, and a cost-of-living crisis, it's no surprise that more grandparents are gifting money to grandchildren.

Inheritance tax (IHT) payments reached unprecedented levels earlier this year, setting a new record for the highest ever monthly collection.

Whether you're a business owner or an employee, pension planning for high earners is one of the most tax-efficient ways to invest your money.

Gifting property to children or family members during your lifetime is incredibly generous, but there are potential pitfalls you need to avoid

How you can ensure the Residence Nil-Rate Band is either fully utilised or transferred, including the use of trusts, to mitigate IHT?

If navigating Inheritance Tax feels like a bewildering maze, you're not alone. We take a look at where you can go for advice on inheritance tax?

Changes to the Pension Lifetime Allowance and Annual Allowance mean you can put more money into your pension without attracting a tax charge

Wills and trusts are both important components of estate planning. It’s easy to confuse the two, but there are key differences between them

Equity release is a way of releasing money tied up inthe value of your property without you having to sell it,so you can continue to live there. It’s available to people aged over 55 –but it does come with risks attached.

Placing your life insurance policy in trust could help your family avoid a big tax bill and lengthy probate delays upon payout

The financial expert you choose largely depends on your needs – but one thing that overrides everything else is finding someone you trust.

The financial expert you choose largely depends on your needs – but one thing that overrides everything else is finding someone you trust.

The financial expert you choose largely depends on your needs – but one thing that overrides everything else is finding someone you trust.

As well as being there to see your family's enjoyment, gifting is also a great way to reduce the value of your estate for Inheritance Tax

There are many ways to reduce inheritance tax for your family. A good financial planner might be able to help you eliminate it completely.

No one wants to think about their death, but preparing financially could spare your loved ones unnecessary distress and financial expense

Inheritance tax can cause chaos for families during what is already a difficult time, which is why it’s worth planning the most efficient way to leave your legacy.