Inheritance tax can cost loved ones’ hundreds of thousands of pounds in the event of your death, yet it’s possible to legally avoid huge swathes of IHT, or possibly pay none at all, it all depends on how you structure your estate.
Taxation on the acquisition and ownership of residential property is increasing with the changes to Stamp Duty Land Tax, the deductibility of loan interest for income tax purposes and the difference in capital gains tax.
We can advise you on the most appropriate structure based on your own personal circumstances and aid you in mitigating tax where possible. We will assist you in avoiding unforeseen tax liabilities and ensuring efficient use of reliefs where appropriate.
Getting the right structure has never been more important and Essendon Tax are experts in assisting you with passing your estate on efficiently whilst staying on the right side of current legislation.