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Inheritance Tax Planning Posts

Tuesday February 4, 2014 at 10:00am
I speak to a lot of clients about their estate planning and it has struck me that the reason many seem disinterested is that the industry has created a perception that estate planning is all about saving Inheritance Tax. Instead what clients are interested in is understanding and being able to articulate what they want to happen when they die. Once we have decided this they want to ensure that it does then happen. Tax saving is always important but keeping wealth in the family and avoiding famil....
Thursday December 12, 2013 at 10:00am
Following our recent office move from Acocks Green in Birmingham to modern offices in Solihull we are taking advantage of our new premises to invite business owners, executives and our existing clients to brief financial planning seminars. In these events we will share with you ideas to help make more of your hard earned personal finances.I’ve written before about the importance of adequate estate planning, if you want to preserve wealth for your family. The focus of our first seminar at 6....
Thursday October 10, 2013 at 6:39pm
Divorce is not easy at the best of times, but it’s the process of sorting out the finances when a couple split up that is often most difficult. It’s the area where great disagreements can occur and if you’ve not prepared adequately a great deal of family wealth can be lost. Quite often we read about divorce settlements where one party provides most of the assets but the courts split the pot equally or at least disproportionately to the way the bulk of the wealth was accumulated....
Thursday September 12, 2013 at 11:14am
Back in 2007 George Osborne promised to “take the family home out of inheritance tax”. This hasn’t happened, in fact the nil rate band has remained frozen at £325,000 and will remain at this level until 2018. With increases in the value of the family home it could be that your home and certainly other assets will be subject to inheritance tax, meaning less of your wealth being passed on to your family.There are ways you can protect your wealth and save on inheritance tax.....
Tuesday June 4, 2013 at 10:00am
There are so many changes to tax rules and limits around the start of the new tax year you might be forgiven for missing some of these recent subtle changes.SEIS CGT relief continues In the last tax year 2012/13 it was possible to eliminate CGT on a gain if you reinvested at least the amount of the gain into an investment under the Seed Enterprise Investment Scheme (SEIS).This valuable CGT relief has been continued into the current tax year, but with a restriction in that only half the qualifyin....
Thursday May 9, 2013 at 9:00am
Apparently 80% of estates that pay Inheritance Tax could have avoided that charge if planning had been put in place during the lifetime. People often think that the only way to avoid inheritance tax is to give assets away. If they don’t think that they believe the only purpose is to avoid tax. However, often by rearranging your affairs you can be better off and remain Inheritance Tax Free. Death can be an expensive business as these figures show: Estate value     &....
Tuesday December 6, 2011 at 9:00am
Solar Energy will form an increasing part of the UK power supply over the coming years. This is especially true as a consequence of recent UK and European legislation which requires that 30% of UK electricity is provided from renewable sources such as solar and wind. As only 5.5% of power comes from such sources at present there is significant growth to be expected in the renewable energy sector.In April last year the government introduced a 25 year feed-in tariff to encourage greater investment....
Thursday July 14, 2011 at 9:00am
This blog was written in 2011. The information contained is no longer current but has been left intact as a part of our blog history.We can and frequently do help clients to mitigate Stamp Duty on purchase of a home or commercial premises. But when it comes to avoiding the Inheritance Tax (IHT) payable on the home on death, many clients seem to think there’s little they can do. With the rise in property prices and Inheritance Tax thresholds at £325,000 per person once the home is add....
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