Andy Kirby

Private Client Consultant

DATE PUBLISHED: 25 Mar 2020 LAST UPDATED: 24 May 2022

On a Brighter Note – Inheritance Tax Advantages

One of the consequences of the current position we find ourselves in is the substantial negative effect on equity values. The FTSE100 has dropped by over 30% in recent weeks. For those still facing a significant inheritance tax liability now is an opportune time to consider acting. A transfer of equities now could have significant advantages.

Firstly, the transfer value will be significantly lower than previously which means that the value of the gift is fixed at today’s value and any recovery in value will belong to the recipient and never come back into charge in the transferor’s estate

Secondly, such gifts are disposals for capital gains tax purposes and the gain will now be significantly lower than a month ago.

If you require any further assistance please contact our specialist Wills, Trusts and Probate team at 01202 525333 or visit their page.

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When you submit this form an email will be sent to the relevant department who will contact you within 48 hours. If you require urgent advice please call 01202 525333.

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