Inheritance Tax Planning: The Residence Nil-Rate Band (RNRB)

Categories: Estate

Inheritance tax (IHT) is one of the UK’s most detested taxes because, after working hard your entire life, the Government takes a final bite of your estate after you have gone. But IHT may also be considered a ‘voluntary’ tax, since the right financial planning can ensure your estate legitimately pays the minimum amount of tax possible.

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Nigel Barthorp

Registered Adviser and Partner

Inheritance Tax Planning: An Introduction To Business Property Relief (BPR)

Categories: Estate

Business property relief (BPR) was created to prevent family owned businesses becoming potentially liable to inheritance tax on the death of their founders. It works by exempting shares held in qualifying businesses from the tax. The benefits of BPR extends beyond family tax planning as the government has recognized that this tax relief encourages investors to buy shares in small trading companies, regardless of if they run the business themselves.

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James Hollway

Registered Adviser and Partner

Reducing the impact of Inheritance Tax: 5 simple tips

Categories: Estate

An effective estate planning strategy is often a journey requiring commitment and professional counsel, set against a backdrop of a shifting regulatory landscape. Before, or during initial conversations with professional advisers, there are a number of things you can think about. Here are a few tips which could help reduce the tax man’s cut.

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Daniel Boden

Chartered Financial Planner