Expert Inheritance Tax Planning Advice

At Morecrofts, our specialists can advise on the best tax effective ways of providing for your family and dependants during your lifetime and on your death, tailoring our advice to your circumstances.

To get the support you need, call 0151 236 8871 or book a call with our legal experts.

What is inheritance tax?

Inheritance Tax is a tax paid on a deceased’s estate if the size of their estate, allowances and exemptions exceeds the threshold to pay inheritance tax.

How much is inheritance tax?

The amount chargeable is taxed at 40% unless more than 10% of the assets are paid to charity, then the rate is reduced to 36%.

When do you pay inheritance tax?

Inheritance Tax is due to be paid by 6 months after the last day of the month that the deceased died.