Inheritance Tax Seminar
Bank of Scotland Private Banking hosted an Inheritance Tax Seminar
Will the taxman benefit more than your family?
An unexpected shock after a family death can be the arrival of the Revenue’s bill for Inheritance Tax (IHT). Inheritance Tax may not be just for the very wealthy. Rising house prices are creating IHT bills on the estates who thought it would not affect them. IHT is assessed at 40% on the excess above £300,000.
Inheritance Tax- double taxation?
You have probably already paid a considerable amount of tax building up your estate. With effective planning there is no reason why you should pay more. Simple Planning can ensure that it’s your estate that benefits. Why let the Revenue carve another slice of tax from your estate, leaving your heirs with only a part of the original value? If you do nothing, the Revenue could be the biggest single beneficiary of your estate, even if you have drawn up will. The Bank of Scotland Private Banking is able to provide a full range of Wealth Management solutions including Estate Planning.
Please contact: Bank of Scotland Private Banking Newcastle on 0191 2113356.