Inheritance Tax (IHT)

Efficient management of an individual or family’s financial affairs is the cornerstone of estate planning. Additionally, it ensures the minimisation of Inheritance Tax (IHT) liabilities upon death. Odiri Tax Consultants and Accountants, based in Peterborough, offer comprehensive estate tax planning services. Our clients benefit from expert advice on estate administration, among other essential services. Our services include the following:

 

Estate review: As part of a comprehensive financial review, our services include providing guidance on estate planning. This includes assistance in planning for lifetime gifts, both from income and capital.

 

Estate administration: Additionally, we can assist with estate administration following a loved one’s passing, ensuring that all available reliefs and exemptions, such as business or agricultural property relief, are utilised.

 

Tax advice: We also offer tax advice to beneficiaries and can establish trusts to protect foreign assets from inheritance tax for those not domiciled in the UK.

 

Estate compliance: Our services extend to the preparation of inheritance tax accounts to be submitted to HMRC, along with the management of tax returns for the estate. We are equipped to handle the intricacies of income tax and capital gains tax payable, providing comprehensive assistance in all areas.

 

Our team of inheritance tax specialist in Peterborough  is dedicated to addressing your inheritance tax concerns with a thorough and effective approach. Contact us for further information on our  estate planning and inheritance tax services.