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Inheritance Tax

Lloyd & Co
Chartered Accountants

103-105 Brighton Road
Coulsdon
Surrey, CR5 2NG
020 8668 0500
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As part of our personal tax service where we look to understand a client’s circumstances we will be mindful of situations where inheritance tax planning opportunities arise. For example, older taxpayers can achieve significant inheritance tax savings by passing down excess assets to younger generations. If they then survive 7 years, such gifts will not fall to be part of the taxpayer’s estate on death. This is one of a number of actions which might be appropriate.

 

We are also in a position to assist executors of estates in complying with HMRC requirements following a death. Such services will include considering any actions which might still be possible to reduce the inheritance tax liability.

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