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…
Tag Archives: IHT
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Mar
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…