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Fact Sheets
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Will there be any inheritance tax on my death? if so, what can i do to reduce the amount that my heirs will pay on my death? There are complex rules relating to Inheritance Tax but generally Inheritance Tax is payable on that part of your estate which exceeds the nil-rate band at 40%. The nil rate band is £300,000 from 6 April 2007 but this alters from time to time and so it is always a good idea to keep an eye out for this in the Budget. We can assist you by discussing your personal situation to find a suitable way for you to plan your estate from an Inheritance Tax point of view. |
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The Old Monastery, Windhill, Bishop's Stortford, Herts CM23 2ND 12 Market Walk, Saffron Walden, Essex CB10 IJZ Pellys LLP is a Limited Liability Partnership |