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  • Overview

    Chris worked with the client to avoid further Inheritance Tax after their father and late mother participated in a “Home Loan Scheme.”

     

    The Home Loan Scheme was implemented to allow home owners to remove value from their home for Inheritance Tax purposes whilst allowing them to remain in their home rent-free. However, HMRC views such arrangements as a gift with reservation of benefit which means that Inheritance Tax has arisen.

     

    Chris was able to find a practical solution to prevent further Inheritance Tax arising.

  • Related Services

    Wills, Trusts & Tax Planning

    Our specialist lawyers provide high quality, intelligent advice that is comprehensive, considered and clear.

    Inheritance Tax advice

    Inheritance Tax can often be minimised with careful planning.

Newsletter Sign Up

I would like to receive newsletters, event invitations and publications from Thomson Snell & Passmore by email on the following topics (tick all those that apply) and consent for my data to be processed for this purpose.

We respect your privacy and want news to be relevant. To either, click here or update your preferences by emailing us at info@ts-p.co.uk. Your personal data shall be treated in accordance with our & .

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By submitting an enquiry through 'get in touch' your data will only be used to contact you regarding your enquiry. If you would like to receive newsletters from Thomson Snell & Passmore please use the separate form below.

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Jargon Buster