Tag Archives: IHT

How specialist IHT advice helped Mr Greenwood pass his property onto his children and save £84,000 in tax

Mr. Greenwood has recently retired and was concerned about the potential inheritance tax liability on his Estate, currently estimated to be worth approximately £2 million. Mr Greenwood wanted his family to receive the maximum amount possible from his estate. He was happy to pay the tax he owed, but like many of our clients, he…

Year-end Capital Tax planning

Capital gains exemption, inheritance tax

Have you used your 2018/19 £11,700 annual capital gains exemption?  Consider selling shares where the gain is less than £11,700 before 6 April 2019. In addition, if you have any worthless shares, consider a negligible value claim to establish a capital loss. You may even be able to set off that capital loss against your…