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Gone With the Wind?
Scarlett O’Hara famously declared: “Death, taxes and childbirth! There’s never any convenient time for any of them.”
How right she was – and when it comes to IHT, death and taxes come together. IHT isn’t just inconvenient, it’s downright indefensible.
With half of your income (and even more than that next year) and 18% of your gains being taxed, paying 40% on what’s left behind after you die just isn’t cricket.
We try to help clients minimise their tax bills – during their working lives and beyond.
The key to successfully reducing the IHT bill is forward planning: no matter how “inconvenient” or unexpected your death might be, forward thinking can ease the burden on your family.
That’s probably the most important message I have for clients – get a will, get a plan and then get on with enjoying life, knowing that they’ve taken care of their family to the best of their ability.
Posted by: Mark Biddlecombe
July 02 2009
Topics
- Audit & Accounts (1)
- General (6)
- IHT, Wills, Trusts (4)
- Tax (39)
