Inheritance Tax is an area that in many cases accounting practices let their clients down, they are often reactive in their advice rather than being pro-active. We do not expect our clients to ask us the question we will bring it to their attention.
Inheritance taxation and planning is a crucial area, in recent years property price increases have meant that the majority of people when dying would give rise to an inheritance tax liability.
It is difficult enough for remaining relatives to cope with the death of loved ones, but come and see us to try and avoid them also having the undue worry and concern resulting from large tax liabilities. We can help you with this, planning in advance is the key, it is never too early to start thinking about this area. Often a common misconception is that is something to think about in older age, it isn't and this is where many people go wrong.
In the majority of cases some simple tax planning ideas can be implemented to help reduce future liabilities.