Not only does the Government tax throughout your working life, it also taxes people on death! Inheritance tax (IHT) is not necessarily only paid by the richest and more people could potentially be subject to Inheritance Tax on their death. 

Tax treatment is based on individual circumstances and may be subject to change in the future. 

THE FINANCIAL CONDUCT AUTHORITY DOES NOT REGULATE WILL WRITING AND INHERITANCE TAX PLANNING

At Lyles’ IFA we aim to advise you as to ways you could potentially minimise your tax burden, which may be able to be done via:

  • Making provisions in your will
  • Making gifts during your lifetime
  • Making use of trusts
  • Taking out appropriate life insurance plans
  • Investing in IHT efficient investments