At Smart Probate, we’re here to support you
Tax Planning and Advisory Services
Throughout our lives, we work hard to build and protect our wealth, hoping to secure a lasting legacy for our loved ones. However, Inheritance Tax (IHT) can take a significant portion of an estate, often leaving families with less than they expected. Fortunately, there are reliefs and exemptions which help mitigate, minimise, or even remove these tax burdens in some instances, without requiring significant costs or reducing the estate’s worth. Often, individuals are unaware of the exemptions, reliefs, and planning options that can be utilised to their advantage.
As Chartered Tax Advisers, we specialise in providing complete customised tax planning and advisory services. Our expertise covers Inheritance Tax (IHT) planning and extends to other key areas of taxation, including Income Tax, Capital Gains Tax, VAT, Stamp Duty Land Tax, and corporation tax. By understanding how these areas interlink, we deliver comprehensive, strategic advice to optimise your estate’s structure, ensuring you maximise the legacy you leave for your family. Our professional guidance enables you to safeguard your wealth and secure the financial well-being of your loved ones in the most tax-efficient way possible.
FAQs
IHT is a tax on an estate if its value exceeds the nil-rate band.
Yes, but assets left to a spouse or charity are exempt.
The return is due within 12 months of death, and payment is due within 6 months. Instalments are available for certain assets.
Yes, for assets like property, IHT can be paid over 10 years, though interest may apply.
Our IHT advice is charged at an hourly rate of £175.We offer transparent pricing with no hidden fees. For details, visit our fees structure.
The NRB is currently £325,000, meaning estates below this threshold are exempt from IHT. The RNRB is an additional £175,000 for estates passing a main residence to direct descendants, such as children or grandchildren
Yes, gifts made more than 7 years before death are usually exempt from IHT.
Yes, including transfers to spouses, gifts to charities, and reliefs like Business Property Relief (BPR).
We provide bespoke advice to minimise IHT, maximise reliefs like the NRB and RNRB, and ensure compliance with HMRC requirements.
We’re only a phone call away
Our friendly team is here to help.
Monday–Friday: 9:30 AM – 5:30 PM
Saturday: 9:30 AM – 12:30 PM