With the huge increase in property values, this is an area that could give rise to unexpected liabilities for the unwary. We can provide expert planning advice on the mitigation of potential inheritance tax liabilities and aim to produce an effective plan that both meets your requirements and tax savings.
The matters which will be considered in planning effective inheritance tax savings are:
- The use of trusts where appropriate
- Examination of private limited company share structures to ascertain the advantages of any share reorganisation
- Planning in respect of the family home
- Ensuring that wills are tax-efficient
- Consideration of lifetime gifts
- Ensuring that all pitfalls are avoided e.g. gift with reservation of benefits.
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Fawcetts Chartered Accountants
Fawcetts is delighted to announce that we have been selected to join Handpicked Accountants, an exclusive database of the best accountants in the UK. Launched by Begbies Traynor Group, the website aims to help business owners and company directors find the most reputable accountants in their area, based on professionalism and outstanding financial guidance.
Founded in 2017 the site features over 1,100 of the UK’s best accountancy firms, each being chosen for their exceptional client care and their ability to enhance businesses across a range of specialist industries. At Fawcetts our team prides ourselves on our ability to deliver an unrivalled service to all of our clients regardless of the size of their business.
Head of Client Relations at Handpicked Accountants, David Tattersall, commented, “Fawcetts allow you to fulfil the ambitions of your business, helping you to grow and develop, adding value every step of the way. Their phenomenal insight into the strategy of each client’s business and the active contribution they make to their success means we can wholeheartedly recommend them to anyone looking for a trustworthy and reputable accountant in the Salisbury area.”
You can view our page on Handpicked Accountants here.