Inheritance Tax Planning
Protect your wealth
- Inheritance Tax is the tax paid on your estate
- It is a 40% tax on everything above the current allowance of £312,000 (08/09 tax year)
- Your estate is everything you own
- You can minimise your family’s bill with the right financial planning
Yorkshire Bank believes that leaving your estate to your loved ones should be as trouble-free as possible. Unfortunately this process does not always go smoothly. Our Financial Planners will help you to plan for Inheritance Tax and minimise any future financial hassle for your beneficiaries.
Arrange an appointment with a Financial Planner
- Telephone 0870 6000 334 (Open Monday - Friday, 9am to 5pm)
- Email us
Inheritance Tax and your estate
- Inheritance Tax (IHT) is payable on your estate when you die. This is a 40% tax on everything above the tax-exempt inheritance threshold of £312,000
- What makes up an estate isn’t as simple as it seems
- An estate can include your home, its contents, your car, your bank and building society accounts, your investments and your share of any assets owned jointly
- Your estate also includes certain gifts made during your lifetime
- Sometimes Inheritance Tax is also payable on assets you may have given away during your lifetime including property, possessions, money and investments
- Our Financial Planners will guide you through this complicated issue and give advice on the options available to you.
For your security, calls may be monitored or recorded.