Money, Tax & Inheritance

Our Private Client Solicitors are experts in advising on money, tax & inheritance issues, having helped many clients make use of the various reliefs and raft of tried and tested schemes to save money. 

At Herrington Carmichael we receive many questions relating to the legal process on Equity Release or tax and inheritance – after years of property market growth, we are seeing more cases of clients who have decided one way or another that they would like to release some equity from their property or gain an understanding of the Inheritance Tax Reliefs and Exemptions with a little advice on income and capital gains tax. 

Inheritance Tax has not gone away. It may be less of a problem for many families than it was a few years ago but for any single person with an estate in excess of £325,000 or a couple with more than £650,000 the tax remains an issue. Despite the falling property prices of the last few years many of our clients do exceed these levels.

Tax can often be a daunting subject. Whilst we do not claim to be experts in every type of tax we are recognised specialists in UK inheritance tax laws. In addition, we do have considerable knowledge of income and capital gains tax and often advise on these. Alternatively we can refer clients to more specialist advisers if appropriate.

Frequently we are able to advise on tax planning matters as part of our Will drafting service, at other times we will give separate advice. This is charged on a time basis and we will quote for anticipated time involved.

Take a look at our list of Inheritance Tax Reliefs and Exemptions and brief description of the principal reliefs and exemptions from Inheritance Tax. It is not an exhaustive list and should not be relied upon without first obtaining professional advice.

 

Quick links

Contact us

Support for you, your family and your business. Get in touch today by phone or enquire online. 

Tel: +44 (0) 1276 686 222

Sign up

Enter your email address for legal updates on Private Client & Family Law.

Please see our privacy policy regarding use of your data.


Private Client Team

  • All departments
  • Banking and Finance
  • Brexit
  • Business Disputes
  • Commercial Law
  • Competition Law
  • Construction
  • Construction disputes
  • Consumer Law
  • Corporate - MBOs & MBIs
  • Corporate Governance
  • Corporate Law
  • Corporate lending
  • Data, IT & Technology
  • Debt Recovery
  • Disputes - Declarations of trust
  • Disputes - Land and Property
  • Disputes - Probate and inheritance
  • Disputes - Professional negligence
  • Disputes - Restrictive Covenants
  • Disputes - Shareholders & Partnership
  • Disputes - Tenants in Residential Property
  • Disputes - Wills, trusts & probate disputes
  • Disputes and Small Claims
  • Disputes with Co-owners
  • Divorce
  • Employee - Termination
  • Employer - Termination
  • Employment
  • Employment - Business protection
  • Employment - Collective consultations
  • Employment - Contracts, services, consultancy
  • Employment - Employee benefits
  • Employment - Employee Procedures
  • Employment - Equality, discrimination and harassment
  • Employment - Family Friendly Rights
  • Employment - GDPR and Data Protection
  • Employment - Post employment obligations
  • Employment - Redundancy & Reorganisation
  • Employment - Settlement Agreements
  • Employment - Tribunal Claims
  • Employment - TUPE
  • Employment - Wages, holiday and sick pay
  • Employment - Workers rights
  • Employment Tribunal claims
  • Estate Administration
  • Expat Legal Services
  • Family Law
  • Financial Services
  • GDPR
  • HR
  • Immigration law
  • Intellectual Property
  • International Legal Services
  • Lasting Powers of Attorney
  • Money, Tax and Inheritance
  • Property Law
  • Recovery & Insolvency
  • Regulatory, Compliance & Competition
  • Residential Property - Completions
  • Residential Property - Conveyancing
  • Residential Property - Shared Ownership
  • Residential Property – Help to Buy
  • Residential Property – New Build
  • Wills, Trusts and Probate

Latest news & insights

Our pricing guides

Our pricing guides are for standard services and may be subject to increases where an individual case requires non-standard services. All prices are in Sterling (£) and VAT will be charged on top of the price at the applicable rate.

Price estimates for all other services are calculated once we know more about your individual case.  Contact us for more information.

London

Amadeus House, 27b Floral Street, London, WC2E 9DP.
+44 (0) 203 755 0557

Camberley

Building 9, Riverside Way, Watchmoor Park, Camberley, Surrey. GU15 3YL.
+44 (0)1276 686 222

Wokingham

27 Broad Street, Wokingham, Berkshire. RG40 1AU.
+44 (0)118 977 4045

info@herrington-carmichael.com

© 2018 Herrington Carmichael LLP. Registered in England and Wales company number OC322293.

Herrington Carmichael LLP is authorised and regulated by the Solicitors Regulation Authority.

Privacy   |   Terms and Conditions   |   Cookies   |   Client Feedback