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An Inheritance Tax Challenge

As a successful businessman, Mr Davies had accumulated a substantial amount of wealth during his working life. Due to current Inheritance Tax allowances he had a substantial inheritance tax (IHT) exposure. With over £2 million of assets above the IHT allowance, he sought our advice to help him manage his financial exposure.

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Our Approach

We started by gifting money and property to children, alongside utilising tax efficient investments to reduce his exposure to inheritance tax. It became clear that he had a number of different investments and pensions which needed restructuring and simplifying, so we restructured some of investments to simplify his portfolio. As a final tax efficient measure, we advised him to make further contributions into his pension,since this falls outside of your estate for inheritance tax purposes.



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The Outcome

By undertaking a thorough review, we reduced his exposure to inheritance tax by £1 million and we are now working with him to reduce the remaining amount.

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41 North View,

Westbury Park,

Bristol BS6 7PY

0117 907 1965

info@absolutewm.co.uk