Inheritance Tax Planning Services

Let TaylorMade Estate Planning be your inheritance tax planning guide

Inheritance Tax is the tax that is paid on on the estate of an individual who has died. Inheritance Tax is the only UK tax which is classed as voluntary, 

Document that says 'inheritance tax' with a fountain pen on top

More Information about Inheritance Tax Planning

“Inheritance tax is a voluntary Levy paid by those who distrust their heirs more than they dislike the Inland Revenue”  

 Former Ex-chancellor of the Exchequer Roy Jenkins 1986

What is Inheritance Tax Planning?

 

In its technical form, Inheritance Tax is the only UK tax which is classed as voluntary, Although this does not mean that you can volunteer not to pay it though! What it does mean is that it is not a compulsory tax, and can therefore be planned for to reduce or negate its effects on your estate.

We all have a “Nil Rate Band” for inheritance Tax, but do we know how much it is? How we can best use it? Wonder whether the Main residence Nil Rate Band should be utilised or not? What is the tax rate? How much tax would my estate be liable for?

Inheritance Tax is a very specialised subject and an area that we have been working in for over 25 years, and you should always work with someone who has a vast knowledge in this specialist area.
 

How can we help? 

We can help you with your inheritance tax planning no matter who you may be, providing you the best advice. Some of the services we offer include (but are not limited to);

inheritance tax planning for single person

inheritance tax planning for elderly

inheritance tax planning for farmers

inheritance tax planning for unmarried couples

Inheritance tax planning and wills

​If Inheritance Tax is, or may be an issue for you, please do not hesitate to contact us for more information and we will be in touch to help.

 

We are here to help you understand Inheritance Tax.