Inheritance Tax Planning
How is Inheritance Tax Calculated?
Inheritance tax is difficult to calculate and can take a lot of money from your estate. Inheritance tax is calculated at 40 percent of all assets held globally, with an exemption of the first £325,000 and some reliefs do apply.
The following factors play a major role in determining how much inheritance tax your estate is liable to remit to the government.
Tips to Consider When Planning for Inheritance Tax
How can we assist?
Frequently Asked Questions
This only applies if you have exceeded the nil rate band of £325,000. Taxes will apply on the excess but will gradually lessen based on the taper relief laws.