Inheritance tax
Our best advice on Inheritance Tax? Don’t put it off any longer.
For busy people, especially business owners, inheritance tax (IHT) planning can be way down the “to do” list. Where your assets include your business, share portfolios, property investments, family home and cash deposits even the thought of IHT planning can be overwhelming. We can help. And the sooner the better.Too often, we come across situations where IHT has become an issue. Situations that would have been avoidable with proper planning.
An IHT review will look at your current position and suggest ways you can improve it. One common assumption is that shares in a business owner’s private company will be exempt from IHT, but the courts are littered with tax cases where this is not the case. With planning, this problem can be avoided.
From simple suggestions regarding gifts or IHT friendly investments to the use of more complex structures such as family investment companies or even restructuring your business to ensure that it qualifies for IHT relief, we can ensure that your IHT position is as tax efficient as possible.
To minimise your exposure to IHT, talk to us.
This guidance is generic in nature and does not constitute advice. You should take no action based upon it without consulting ourselves or your own professional advisor.
Ready to make a change?
From payroll to tax advice, Bates Weston has got you covered. Contact us to get started.
Speak with a specialist
No question is too big or small. Our dedicated team is here to provide straightforward, personalised advice and solutions for your business. Reach out today to see how we can support you.
More ways we can help
Our experts can assist with payroll, tax, succession planning, and more. Whatever your business needs, we’re ready to provide practical, personalised solutions that make a real difference.
The essentials
From bookkeeping to tax compliance, we handle your daily financial needs with precision and care.
Accounts
Business advisory
Our straightforward advice empowers your business to grow, offering strategic guidance on everything from tax planning to mergers, acquisitions, and succession strategies.
Bookkeeping
We streamline your bookkeeping, ensuring accurate, up-to-date records, allowing you to focus on running your business without getting bogged down in financial details.
Payroll bureau
Our fully compliant payroll services handle everything, from calculations to submissions, ensuring timely and accurate payroll processing, so your team gets paid smoothly and on time.
Management accounts
We provide clear, insightful management accounts, helping you make informed decisions, track performance, and plan for future growth with real-time financial data.
Advanced services
We go beyond the basics, offering strategic guidance to drive your business forward, ensuring long-term success.
Tax planning for you and your business
Pension & investment planning
Corporate finance
Wills & probate services
Family offices services
Looking to grow? Take the next step
From compliance to growth, our accounting firm in Derby has you covered. Call us to see how we can help.