Inheritance Tax (IHT)

Looking for an accountant for your Inheritance Tax (IHT) Services?

At Plan-A, we provide specialized Inheritance Tax (IHT) services designed to help individuals and families manage the complexities of passing on wealth efficiently and in compliance with UK law. Inheritance Tax planning is crucial for minimizing tax liabilities and preserving your estate for future generations. Our expert services ensure that your estate is structured in a way that optimizes tax savings while aligning with your long-term goals. Here are the key benefits of using Plan-A for your IHT planning.

inheritance tax

Minimizing Inheritance Tax Liability

Inheritance Tax can significantly reduce the value of your estate, affecting the amount passed on to your beneficiaries. Plan-A helps you reduce your IHT liability through strategic tax planning, ensuring that more of your wealth reaches your loved ones.

Identifying and applying IHT reliefs and exemptions

Utilizing the Nil Rate Band and Residence Nil Rate Band (RNRB) effectively

Structuring gifts, trusts, and other tax-efficient vehicles to minimize IHT

Maximizing Tax-Free Allowances

The UK tax system offers several tax-free allowances that can be leveraged to reduce or eliminate IHT. Plan-A provides expert advice on how to make the most of these allowances, ensuring that your estate remains below the taxable threshold whenever possible.

Advising on the use of the £325,000 Nil Rate Band (NRB)

Maximizing the £175,000 Residence Nil Rate Band (RNRB) for family homes

Helping spouses and civil partners transfer unused allowances

Tax-Efficient Gifting Strategies

Gifting assets during your lifetime can reduce the value of your estate and lower your IHT liability. Plan-A assists with tax-efficient gifting strategies, ensuring that any gifts made are compliant with tax laws and structured to minimize tax exposure.

Utilizing the annual £3,000 tax-free gift allowance

Strategically gifting assets to family members over time

Advising on Potentially Exempt Transfers (PETs) and taper relief

Plan-A

Why Choose Plan-A?

Plan-A’s Inheritance Tax services are designed to help you preserve your wealth and pass it on to future generations with minimal tax liabilities. From strategic gifting to trust setup and charitable donations, our expert team ensures that your estate is managed efficiently, reducing your IHT exposure while complying with UK tax laws.