Inheritance tax (IHT) is becoming an increasing problem for many individuals across the UK; it is no longer a tax for just the rich. One of the solutions we offer to mitigate your clients' potential inheritance tax liabilities is a straightforward IHT portfolio service.
Investments made through the IHT portfolio service seek to benefit from Business Properly Relief rules and are therefore exempt from inheritance tax once they have been held for two years. In the meantime the client benefits from any income and capital growth of the underlying investments.
Each client has their own individual portfolio invested in a range of qualifying AIM and Plus Markets companies selected by our smaller companies investment specialist, Paul Marriage, winner of the UK Smaller Companies category at the Investment Week Fund Manager of the Year Awards 2012.
Unlike gifting or transfers there is no need to wait for seven years before IHT relief can be obtained nor is there any need to create a complicated legal or expensive trust structure.
Clients have access to their capital and income at all times so if circumstances change, clients can make additional contributions or withdraw money with ease.
We would be delighted to talk to you in more detail about this service. For more information, please contact your fund manager.