Simplifying Inheritance Tax Liabilities
Our skilled tax advisors have extensive knowledge of inheritance tax liabilities and how to reduce inheritance tax bills. In fact, Prime delivers a range of personal accountant services designed to help you maximise your money.
Inheritance tax is currently payable where a person’s taxable estate is in excess of the current inheritance tax threshold (as per HMRC). Therefore, if you own your own house and have some savings, your estate could be liable.
Working in conjunction with our Prime Wealth department, our team will consider the use of a variety of different vehicles to best structure clients’ affairs, ensuring you pay the correct amount of tax and no more.
Our advisors will identify the thresholds, rates and responsibilities that apply to your personal circumstances, review your current situation and tailor their advice to your needs.
Throughout the process, our experts will cut through the jargon of tax to help you better understand your inheritance tax liabilities.
First-Class Personal Accountant Services
At Prime, we have a dedicated team of chartered tax advisors who apply their knowledge and experience to advise clients with a wide variety of financial circumstances.
Our advisors use their skills to structure our clients’ affairs in the most efficient manner, while providing guidance on thresholds, allowances and gift giving.
The team would welcome the opportunity to discuss your inheritance tax liabilities and advise how our personal accountant services can help. To arrange a free initial consultation please contact us today.
Managing Your Inheritance Tax Liabilities
We can help you put together a personal plan to minimise the liabilities on your estate, using one or more of the following key strategies:
- gifts in your lifetime, including trusts
- a tax-efficient Will
- life assurance
By identifying reliefs and exemptions, we can help you to better manage your inheritance tax liabilities, while our full range of personal accountant services can support you in other areas of your finances.
To provide you with a picture of your current circumstances and liabilities, we’ve built an inheritance tax calculator.
Cut Through The Jargon Of Inheritance Tax Liabilities
As part of our range of personal accountant services, our specialists will help you to understand your inheritance tax liabilities. Find out more and discover how Prime can support you with your tax planning.
Talk to us today to learn how our tax advisors can simplify the complex for you.
“I work with Prime because they fully understand our business needs, having seen us develop over the years our long business relationship is built on trust and loyalty.”
“Prime are genuinely interested in the charity sector and the guidance provided has been impressive. Prime staff are helpful and we look forward to building on this relationship.”
“Adrian Pym was invaluable in this matter and provided the expertise and support necessary to achieve settlement at a level that met with the client’s expectations.”
“A professional & friendly company who invest time to understand our business, needs and aspirations whilst at the same time providing an invaluable service to our organisation.”
“We have been clients of Prime Accountants for many years and have always found them to be most helpful, highly efficient and communicative. In particular we have regular dealings with their Payroll department which through the services of Adam Williams runs perfectly for us. When running a business it is so important to know one has strong support and ready available advice on hand which we have always received from Paul Guise and his team.”
Our Specialist Sectors
Prime Accountants excels in serving diverse industries with tailored financial expertise. Our specialists navigate the unique challenges of each sector, offering precision in accounting, taxation, and advisory services. With a deep understanding of industry dynamics, we ensure that our clients receive strategic financial guidance that aligns with the specific needs and goals of their business. From healthcare to technology, manufacturing to hospitality, Prime Accountants is your trusted partner for comprehensive financial solutions, propelling businesses toward sustained success in their respective industries.
Who We work with
Prime Accountants offers versatile support for businesses of all types and sizes. They optimise financial processes, manage tax intricacies, ensure compliance and provide strategic insights, fostering financial health, efficiency and sustained success across diverse business landscapes.
