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       Managing Your Future                                                                                                                                                                                                                                        Est. 1974

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Staff Services Inheritance Tax

This tax was originally intended for the very wealthy; however with rising estate prices this tax is gradually affecting nearly everyone. The problems have evolved because the threshold for inheritance tax is currently £325,000 and has only been increasing at a rate slightly above inflation, whereas estate prices have been rising at a faster rate, thus bringing many estates within the threshold for the first time. 

 

Under current HMRC rules the first £325,000 of an individuals Estate on death is charged at 0% with any surplus becoming liable to tax at 40%. However with careful professional planning CRN Financial Services Limited can help create strategies to reduce the impact of this tax, ensuring as much of your estate as possible passes to your loved ones, and not the taxman.

 

Should you wish to learn more about any of our services then we would be delighted hear from you and discuss how we can assist you.

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