Inheritance Tax Reliefs and Exemptions

Optimising your estate for inheritance tax can really help to take the pressure off your loved ones and ensure that they inherit what is bestowed upon them in your will. At Accountancy Solutions, our confidential and informed advice can help you ensure that you have a full plan for your estate. For advice over inheritance tax planning or any of the exemptions and reliefs available to you, contact our friendly professional team today.

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Your partners in planning and success

Planning for inheritance tax is a very complex matter. Inheritance tax is an area of tax that requires substantial planning for an estate to be efficient in terms of inheritance tax and less value to be lost when it is eventually inherited. There are a number of reliefs and exemptions that can help ease the pressure of inheritance tax on an estate and make the process of inheriting an estate much easier on loved ones. This is why the help of an expertly trained accountant can be of substantial benefit both in the will writing stage and during the ongoing maintenance of an estate.

Accountants for Business Startup

At The Accountancy Solutions, we provide a number of estate management services and planning for future inheritance tax. By making the right and most efficient decisions early on, you can optimise your estate by lowering its value and reducing the inheritance tax requirements.

Our team of professional inheritance tax accountants can help with all areas of inheritance tax reliefs and exemptions, including:

  • Tax Planning Advice for Your Estate
  • Exemptions, such as;
    • Heritage Assets
    • Woodland or Agricultural Property
    • Businesses
  • Potentially Exempt Transfers
  • Tax-free Allowances for Charitable Giving
  • Tax-free Allowances to Spouses and Civil Partners
  • Tax-free Allowances to Children and Family
  • Use of the Annual Gift Allowance
  • Additional Tax-free Allowances, such as;
    • Wedding Gifts
    • Surplus Income Gifts
    • Political Gifts


We care for our clients. Building and maintaining fantastic relationships is what we do best, we will never treat you as a number which is what makes our approach so unique. The highest level of customer service combined with a keenness to listen and work together with our clients means that we leave a stream of happy clients in our wake every single day. Our services come with unlimited help and support provided at no extra cost throughout the year.That help and advice will all come courtesy of your own fully qualified and dedicated small business accountant.

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Are you just looking for an answer to a general question? We always provide free advice to individuals and self employed persons. You can send us an email, call us or fill in the form. But you should be asking answers to general questions.

Reliefs and Exemptions

Inheritance tax is an area of tax that requires substantial forward planning in order for an estate to efficient

Estate And Wills

Writing a will and accounting for the assets in your estate is a very sensitive procedure which should not be ignored

Double Tax Treaties

If your not domiciled in UK, Double Tax Treaties can have a knock on effect on inheritance tax if structured properly.

Free Advice on IHT

Unfortunately because of specialist nature of Inheritance Tax we are unable to provide any free advice.

Frequently Asked Questions

Most frequent questions and answers

No we do not charge any fee for initial consultation. We will try to give you free guidance if its something you can do easily by yourself. We will only charge you if you appoint us to do some work for you. 

We are giving free advice on general questions and this is one way of paying back to our local community who cannot get through to tax man. But if your question is of specific nature, we will tell you about our fee.

You can certainly ask question about accounting but you should know that we cannot teach you accounting over the phone or online. If you are not familiar with book keeping or accounting, its best to hire an accountant?

If you are only after advice, we will make a decision after hearing question. It may take further investigation and we may have to look into your personal circumstances to answer your question.

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