The tax situation…
Current tax rate 40%
Tax free allowance £325k
Potential addition of main residence nil rate band allowance of £175k
IHT liable for anything above £325k

How can you save Inheritance Tax for your clients?

By using Solidus Trust Frameworks

  • your client’s tax liability can be reduced or removed
  • next generation tax planning can be achieved

How quickly will your client reach their tax free limit?

It’s a positive step that a main residence nil rate band allowance of £175k may be introduced in 2017, in addition to the current £325k tax free threshhold.

However, even with this extra exemption rate, it’s surprising how quickly a single person or married couple can reach their nil-rate band threshold. With the average family home in Britain now valued at £250k, the remaining allowance can easily be overstepped when the assets include:

a family home, pensions and death benefits, some savings, life cover, investments, vehicles or other possessions.

With that in mind, how quickly will your clients reach their tax free allowance?

To find out more, sign up to our no fee Trust Solutions Workshop.