Wirral Life October 2017 - Page 25

Inheritance Inheritance Tax Tax could could pose pose a a threat threat to to your your prosperity... prosperity... hile most people are aware of the existence of Inheritance Tax (IHT), it is a subject which gives rise to W most or people aware and of the existence of Inheritance Tax rather (IHT), delay it is consideration a subject which gives matter. rise to W some hile distaste lack of are interest many, not surprisingly, would of the some distaste or lack of interest and many, not surprisingly, would rather delay consideration of the matter. So few people do anything about their potential IHT liability, the result is that HM Revenue & Customs (HMRC) So few people do £4.7 anything about their potential IHT liability, the result & is Customs, that HM 29 Revenue & Customs (HMRC) collected around billion in 2015/16 alone (source: HM Revenue July 2016). collected around £4.7 billion in 2015/16 alone (source: HM Revenue & Customs, 29 July 2016). I can create and implement highly effective tax-minimisation strategies, with a particular emphasis on reducing I can estate’s create and implement highly Tax. effective tax-minimisation strategies, with a particular emphasis on reducing your liability to Inheritance your estate’s liability to Inheritance Tax. The levels and bases of taxation and reliefs from taxation can change at any time and are dependent on The levels circumstances. and bases of taxation and reliefs from taxation can change at any time and are dependent on individual individual circumstances. For further information, or to request your complimentary guide to Inheritance Tax, contact: For further information, or to request your complimentary guide to Inheritance Tax, contact: MICHAEL EDWARDS WILF BURNS MICHAEL Associate Partner EDWARDS Partner Partner Tel: 01234 958 567890 Tel: 0151 0496 Email: michael.edwards@sjpp.co.uk Tel: 01234 567890 wilf.burns@sjpp.co.uk Web: www.michealedwards.co.uk Email: www.wilfburns.co.uk michael.edwards@sjpp.co.uk Web: www.michealedwards.co.uk WINNER WINNER PA RT N E R S I N M A N AG I N G YO U R W E A LT H PA RT N E R S I N M A N AG I N G YO U R W E A LT H The Partner represents only St. James’s Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) for the purpose of advising solely on the Group’s wealth management products and services, more details of which are set out on the Group’s website www.sjp.co.uk/products. The Partner represents only St. James’s Place Wealth is Management (which and James’s regulated by representatives. the Financial Conduct Authority) for the purpose of The title ‘Partner’ the marketing plc term used is to authorised describe St. Place advising solely on the Group’s wealth management products and services, more details of which are set out on the Group’s website www.sjp.co.uk/products. The title ‘Partner’ is the marketing term used to describe St. James’s Place representatives.