Inheritance Tax (IHT) often sparks debate, with its 40% rate above allowances and reliefs potentially diminishing the wealth you wish to pass on.
This tax doesn’t just affect the size of the legacy you leave; it can significantly impact your business and beneficiaries. Without proper planning, your business might face the risk of being sold or dissolved upon your death, affecting not just your legacy but also the lives of your employees and their families.
At Gaddu and Hall, we specialize in devising strategies to mitigate your IHT liability. Our approach is multifaceted, involving both simple and complex techniques, all aimed at being effective and tailored to your needs. We offer advice on utilising tax exemptions during your lifetime, which can considerably reduce your estate’s value and its subsequent IHT liability.
Our services are not just about reducing tax; they’re about maximising the legacy you leave behind. We provide bespoke advice, ensuring that you take full advantage of available exemptions and reliefs. This way, we help to secure not just your wealth but also the future of those you care about.
Inheritance tax planning is an ongoing process, and we are committed to being your steadfast partner and advisor. Our goal is to assist you and your family in navigating these complexities, ensuring that your legacy endures for generations to come.