Inheritance Tax Planning

Inheritance tax planning prevents the taxman from taking the lion’s share of your estate

As house prices continue to rise, particularly in London and the South East, more and more families are likely to be hit by Inheritance Tax (IHT). If you don’t want 40% (after allowances) of all your hard-earned assets to go to the taxman, estate planning can help you keep more of your estate in the family.

What is Inheritance Tax planning?

Inheritance Tax can cost loved ones thousands of pounds, but with our expert estate planning advice, you can reduce it substantially without giving away control of your property and investments. In some cases, it’s possible to remove your investments from your estate (and the clutches of the taxman) and still receive an income from them. You can also take out insurance to cover Inheritance Tax – and the cost of the policy can be deducted from your estate to reduce the tax bill your beneficiaries have to pay.

Why you should consider Inheritance Tax planning?

  • A buoyant housing market is pushing the value of people’s homes well beyond the Inheritance Tax (IHT) thresholds, currently £325,000 per individual.
  • Inheritance Tax planning helps to keep your estate intact, avoiding the forced sale of assets such as family heirlooms in order to pay the tax bill.
  • Even a simple review of your family’s wealth can often identify straightforward ways of avoiding inheritance tax liabilities in the future.
  • IHT protection is an area where good estate planning advice can pay for itself many times over.
  • Your Inheritance Tax plan should be reviewed regularly to take account of lifestyle changes such as marriage, divorce, retirement, redundancy or a death in the family.
  • A residence nil rate band of £100,000 applies where a main residence is left to one or more direct descendants if the individual and estate meet the qualifying conditions. This figure will incrementally increase to £125,000 in 2018/19, £150,000 in 2019/20 and £175,000 in 2020/21.

How we can help

Inheritance Tax planning is a key part of our financial services. With a clear idea of the value of your estate – and how that value is spread across property and other assets such as savings and investments – we can help you develop an effective Inheritance Tax strategy that’s tailored to you and your family.

Your strategy may include insurance to provide IHT protection – or investments and trusts that shelter cash from being included in your estate for tax purposes. Whatever approach you decide to take, we’ll search the entire financial market to find the best possible solutions for your estate planning. And because our services are independent and fee based, you can rest assured that all the recommendations we make will be unbiased and in your best interests, not ours.

Inheritance Tax planning is not regulated by the Financial Conduct Authority

If you would like further advice or information on inheritance tax planning, please call us on 0118 916 5480 or complete an enquiry form.


“Macbeth identified a gap in our protection needs when undertaking an initial financial planning review. With our assets structured as they were, he discovered that our estate, and children, faced a significant Inheritance Tax issue. With his help, we have now counteracted this huge financial threat and can now relax safe in the knowledge that our family is fully protected. I would highly recommend Macbeth’s relaxed but professional approach to anyone looking to review their financial circumstances.”

Mark Jourdain






Macbeth Financial Services Ltd is an Appointed Representative of 2plan wealth management Ltd. 2plan wealth management Ltd is authorised and regulated by the Financial Conduct Authority. It is entered on the Financial Services Register ( under reference 461598  |  Registered in England & Wales No. 8542176  |  Registered Office: 4 Commerce Park, Brunel Road, Theale, Reading, Berkshire, RG7 4AB

Get in touch:   Reading: 0118 916 5480   London: 020 7036 8767