Inheritance Tax advice in Colchester Essex

If you have assets over £325,000 (or £650,000 for married couples and civil partners) then you should be concerned about the impact of this tax. Anyone with assets over this amount will be liable to tax at 40% on the excess.

With the recent increase in house prices many people now find themselves with assets over this threshold. According to the Land Registry, the average house price in the UK is now £152,895 . If you own a decent-sized house, you may find yourself close to, or over the tax band.

-- Inheritance tax -- Inheritance tax factsheets -- Contact us --

Information on inheritance tax

We have prepared a range of useful factsheets, which explain the main things you need to know about inheritance tax:

• Inheritance tax leaflet
  This leaflet explains how inheritance tax works, and what you can do to reduce your liability. Click here to view the leaflet.
  
  
• Avoiding inheritance tax
  This leaflet explains the main ways you can avoid inheritance tax. Click here to view the leaflet.
  
  
• Inheritance tax insurance
  One of the easiest ways to ensure that your estate passes fully to your beneficiaries is to use inheritance tax insurance. Click here to view the leaflet.
  
  
• Long term care
  If you need to go into residential care you need to think about sheltering your assets from care fees. Click here to view this leaflet.

Click here to download our client brochures.

Click here to contact us about inheritance tax.