Inheritance Tax Update

Important Inheritance Tax Update: From April 2013, anyone leaving 10% of their taxable estate to charity will qualify for a reduced rate of inheritance tax from 40% down to 36%. The reduction is significant and could result in conditions whereby the inheritance tax bill is reduced if donations are increased above the 10% threshold. 

It is important to obtain tax advice prior to writing your Will. Belsize Accountancy are experts in tax planning.