When a person dies there are tax issues that will need to be considered and dealt with.

We can assist with:

  • Assessing whether Inheritance Tax is payable and whether there are any ways to mitigate that tax
  • Valuing assets which may be subject to tax such as land, business interests, private company shareholdings and overseas assets
  • Advising on how best to raise the funds needed to pay any tax which may be payable
  • Advising you on any reliefs that may be available or steps which can be taken to reduce the Inheritance Tax bill
  • Dealing with Capital Gains Tax issues that can arise during the course of the administration of an estate and advising on whether there are steps that can be taken to minimise any liability
  • Preparing a final Income Tax return for the deceased
  • Assisting with the preparation of Income Tax returns for the administration period

We can you help you to ensure that the correct tax is paid and that all possible reliefs are used and every step is taken to ensure that no more tax is paid than is necessary.