Inheritance Tax

In the event of your death, your beneficiaries could pay inheritance tax at 40% on the value of your estate above £300,000.

If your estate including the value of your home is worth £500,000, that could mean a tax bill of £80,000.

For an estate of £1m, the tax figure could become £280,000!

For advice on the various ways of mitigating a potential inheritance tax liability, email our Tax Partner Darren Specterman or our Financial Services Director David Higgins or call them on 020 8458 7427.

To view our latest tax tips, click here.

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