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Inheritance Tax Planning
Inheritance Tax ‘IHT’ is payable when a person’s wealth exceeds £325,000 (2016/17). So if you own your own house and have some savings, life assurance policies, or business assets, your estate could be liable to Inheritance Tax.
Few of us like to think about dying, however the relevant legislation requires us to plan well in advance. This means making the necessary provisions now. There are many tax opportunities available and the earlier arrangements are made, the greater the chance of taking full advantage of our complicated tax system to minimise IHT exposure.
At Spenser Wilson, Halifax, we can advise you on all aspects of IHT as well as Personal Tax, Corporation Tax, Capital Gains Tax, VAT, HMRC Investigations, Fee protection and Payroll and Related Services so please contact us today.
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We have found Spenser Wilson an invaluable part of the team providing a friendly service that is both fast and efficient with great advice gained from a very strong understanding of our business.
