Inheritance tax (IHT) is levied on a person's estate when they die. It also applies to certain gifts a person makes during their lifetime. The first £255,000 of a person's estate is not chargeable. Above this figure, the current rate of IHT on death is 40% and 20% on lifetime chargeable transfers. However, forward planning can help reduce the amount of inheritance tax you have to pay.
Our professionals can help you plan a strategy that suits your lifestyle and aspirations and that ensures the financial security of you and your family.
David Smith
Partner
david.smith@nashharvey.com
Telephone No. 08456732190
Fax No. 08456732195
Nash Harvey LLP, The Granary, Hermitage Court, Hermitage Lane, Maidstone see map