Tax Planning

If your estate is valued at £325,000 or more, anything over this threshold could be subject to inheritance tax at 40% – meaning you could leave a much smaller inheritance for your family than you intended.

There have been some  valuable changes to IHT planning, however if you are not, or have never been married, or in a civil partnership, the new allowances don’t apply.

Minimising the impact of IHT and protecting your family’s financial future requires careful planning. The same goes for your mortgage and other liabilities. Diversifying how you hold your assets will help reduce the tax you may need to pay on the sale of assets, the tax you have paid on your earnings  and many other tax bills you may be faced with through life.

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