Inheritance Tax Avoidance

People nowadays are keen to avoid inheritance tax when faced with a rate of 40%, particularly when the nil band rate rises slower than the rate of inflation. If you are one of these people, we have a great solution for you!

With the credit crunch looking like it will never end, more and more people are having their holidays in the UK rather than going on expensive holidays abroad. On top of this, inheritance tax law says that any property used for business means is discounted from an estate, meaning that it is not inheritance tax liable.

So why not take advantage of this situation and buy a property to rent as a holiday home in a popular UK area?

The advantages of doing this are:

•  A good proportion of your estate will be removed from your estate, which could possibly move your estate from above the nil band rate to below it.
• You will have an extra source of income
• You will have a holiday home which you can have your holidays in for free*

If you would like further advice, phone 01202 718400 now!

*We advise that you spend a maximum of 4 weeks on holiday in your holiday home per year. However this is only advice and not legally abiding information.