Inheritance Tax Planning

Inheritance tax is now a major problem for many families.  The Freezing of the Inheritence Tax Nil Rate Band has led to an increased number of estates being caugth by Inheritance Tax  .  And in certain circumstances even relatively modest estates are now facing a tax bill of 40%.

Unfortunately, Her Majesty’s Revenue and Customs seem determined to close every loop hole the moment it is discovered - even retrospectively! In March 2006, more anti-avoidance legislation was introduced and we saw a major change in the taxation of most types of trust.

We firmly believe that with careful planning and the ability to think outside the box, any potential tax liability can be significantly reduced or even negated altogether. We have a wealth of experience in all aspects of estate planning, which ranges from a simple nil rate band discretionary will trust, to more aggressive trusts and all the main inheritance tax mitigation schemes.

The tax treatments depends on individual circumstances and may be subject to change in the future.
The guidance and/or advice contained within this website are subject to the UK regulatory regime, and are therefore targeted at consumers based in the UK.
G & C Financial Services Limited is a member of Best Practice IFA Group Ltd which is authorised and regulated by the Financial Conduct Authority. The Financial Ombudsman Service is available to sort out individual complaints that clients and financial services businesses aren’t able to resolve themselves. To contact the Financial Ombudsman Service, please visit www.financial-ombudsman.org.uk. Details can be found at https://register.fca.org.uk/ under reference number 226960. G & C Financial Services Limited is registered in England, no. 04710291.