Inheritance Tax

Throgmorton Private Capital Ltd. Independent Financial Consultants
FREEPHONE 0800 032 1419 Telephone: 01304 371753 Facsimile: 01304 371222 E-mail: enquiries@throgmortonltd.co.uk
Registered in England No. 4490404. Registered Office and Principal Administration Office: 31-33 High Street, Deal, Kent CT14 6EL, which is authorised and regulated by the Financial Services Authority. The Financial Services Authority does not regulate all deposit accounts, finance, taxation and trust advice and some mortgages.

It is often said that only two things in life are certain - death and taxes. We cannot extend your life, but we may be able to reduce your tax bill.

The tax system is quite complex and difficult to understand, which is why many people end up paying money to the taxman unnecessarily. This is money that could be going towards building their own family’s financial future.

As a result of inflation in property values in recent years, many people now have estates large enough to attract Inheritance Tax (IHT), yet fail to realise it. It is a mistaken assumption that you have to be particularly wealthy to incur a substantial IHT liability. When you die, the total value of your estate will be calculated. If this exceeds your nil-rated band, then anything over that sum will be taxed at the flat rate of 40%.

Whether you are someone who is having to consider this for the first time, or have substantial assets to safeguard for your family, we can advise you about your exposure to IHT and more importantly, what can be done to help you to mitigate and in many cases, totally avoid the impact of this tax on your family. We provide detailed advice about tax-efficient ways to organise your family finances and manage your estate effectively. In addition, we offer advice to trustees, to ensure that they meet their obligations and plan an investment strategy.

Our consultants will also provide you with advice about how to minimise any Income Tax and Capital Gains Tax that you pay. With the benefit of our tax-planning expertise and investment skills, you can make the most tax efficient use of your savings and ensure that the burden of tax for you and your heirs, is reduced as far as possible, or even avoided altogether.

Click here for information on basic Inheritance Tax planning

Please Note: It is very important to seek professional advice when seeking avoid Inheritance Tax. To speak to one of our consultants please call FREEPHONE 0800 032 1419