Inheritance Tax

Inheritance Tax issues, planning and advice from DSC Chartered Accountants, Harrogate

Tax free transfers for Inheritance Tax purposes

October 18th 2017

What are tax-free transfers for Inheritance Tax (IHT) purposes? There are many reliefs for IHT purposes. They include:

DSC looks after your financial future, as well as your present

August 2nd 2017

The performance of your pensions and investments today could make a critical difference to your financial wellbeing in the future and, with so much change and uncertainty in the UK economy, reliable tax advice from a trusted source has never been more important. 

Where theres a Will - Inheritance Tax Issues

August 9th 2016

If you leave your entire estate to charities, will you be turning in your grave if disinherited relatives mount a challenge to break your last will and testament, and succeed?

Lifetime transfers of assets

May 13th 2016

Married couples and civil partners can gift each other assets and there will be no Inheritance Tax (IHT) charge on the lifetime gift as long as the recipient is domiciled in the UK.

Home owners and inheritance tax

August 14th 2015

One of the tax issues that the Conservative Party promised to legislate for, a promise they made during the recent election campaign, was the easing of the Inheritance Tax charge for home owners in the UK. The much publicised change was to take family homes of up to £1m out of Inheritance Tax charge completely.

When was the last time you reviewed your Will?

March 6th 2015

Do you have any idea if your estate will have an inheritance bill when you die? How much will it be? Who will have to pay it?