Inheritance Tax Planning
Inheritance tax is a tax charged at 40% on the value of your estate when you die if the value of the estate is above the threshold (nil rate band) of £325,000, subject to any exemptions and relief that may be available. Without proper tax planning, many people can end up leaving a substantial tax liability on their death which reduces the value of the estate passing to their chosen beneficiaries. At Simply Complete we can review your financial position and offer expert advice on the options available to you