Inheritance Tax

“Inheritance tax may be applicable on the estate of someone who’s died”

Inheritance tax (IHT) occurs very rare in our life and this is subject to tax when someone has died. However, it is often said that IHT is a ‘voluntary tax’

The Stan Lee is here in London, UK to help for your IHT matters that your beneficiaries do not make voluntary payments. 

Inheritance tax service: 

  • Computing your inheritance tax liability
  • Using all available tax allowances for IHT purpose 
  • Preparing the IHT return and submitting to HMRC
  • Guiding on IHT payment to HMRC
  • Assisting in the valuation of the estate
  • Finding the opportunities for relief and exemptions on your IHT
  • Producing wills, trusts and record keeping as part of your IHT from our associated legal advisor(s)
  • Assisting on pass your money to beneficiaries and more…

 

Inheritance Tax (IHT) is a significant consideration for many clients who wish to ensure that their beneficiaries can fully benefit from their hard-earned assets after their passing. The portion of your estate that exceeds the available thresholds may be subject to inheritance tax at a rate of 40%. Various solutions are available to mitigate this, one of which is Business Relief (BR). Inheritance tax (IHT) applies to your assets after debts are deducted. Anything left to your UK-resident spouse or civil partner is exempt from IHT.

We would welcome the opportunity to assist in arranging a review of the IHT affairs on the estate at death by the latest mitigation strategies. Our experts here at Stan Lee Accountancy Ltd, are happy to discuss and finding the ways to reduce this tax liability whether this is quite straightforward or needs more extensive planning. Why not call us today for more about The Stan Lee and the IHT that you require.