Estate, Inheritance & Tax Planning | Pension Drawdown Company

Estate, Inheritance & Tax Planning

Tax Planning

When we give you investment and pensions advice a key objective in our role as Chartered Independent Financial Planners is to minimise tax in whatever planning we undertake.

There are many opportunities to reduce personal exposure to Income Tax, Capital Gains Tax (CGT), Inheritance Tax (IHT) and Corporation Tax for Limited Companies. All can be achieved with the benefit of a combination of foresight and the right professional advice. Occasionally, in more complex cases, we may need to refer you to a specialist tax adviser in the tax department of a Chartered Accountant's Practice.

Effective planning begins with identifying current and future potential tax liabilities and then establishing a desire to take the appropriate action to mitigate the situation. This can often be as simple as ensuring appropriate tax allowances are utilised or ensuring timing is considered and actions are accelerated or delayed as appropriate.

Where investments are being undertaken, it is crucial to effective tax planning that careful consideration is given to the most appropriate investment wrapper. We will make recommendations to you based upon your current tax position and current tax legislation, taking into account your future plans and when the investment is likely to be realised. Such planning may include investment related trusts.

Tax planning, estate planning and inheritance tax planning are not regulated by the financial conduct authority.

Estate Planning & Inheritance Tax

Inheritance tax (commonly referred to as “IHT”) is often referred to as the “voluntary tax” because there are so many ways to plan for what is largely a punitive tax.


Inheritance tax can cost loved ones hundreds of thousands of pounds in the event of your death, yet it is possible to legally avoid huge swathes of it, or possibly pay none at all.

We do not charge you unless you decide to go ahead with our recommendations.

Should you decide not to go ahead, we will not charge you for any time up until that point.

Everyone has a Nil Rate Band which is the amount you can leave your beneficiaries without paying inheritance tax; it has been frozen at £325,000 since 2009. Your Nil Rate Band does not apply if you leave everything to your spouse or civil partner – there is never any Inheritance Tax to pay between spouses, no matter how large the estate.

As Chartered Financial Planners, our bespoke advice is holistic and takes into account your wider needs during the development and ongoing management of your Financial Plan. Organising your estate involves Inheritance Tax and Estate Planning, as is ensuring you have a correctly drawn Will, utilising your individual reliefs and increasingly exploring the use of trusts; packaged inheritance tax schemes, tax-favoured investments as well as life assurance.

Tax planning, estate planning and inheritance tax planning are not regulated by the financial conduct authority.


To help ensure estates pass to your intended beneficiaries, make sure:

  • You have an up to date Will
  • You have a complete (and up to date) Expression of Wish on file
  • You have explored the use of Trusts and how they might benefit you
  • You have taken professional advice to utilise your tax reliefs and order your financial affairs.

We are more than happy to work with other professionals, including solicitors and accountants, in seeking to reduce potential inheritance tax liabilities. So please get in touch if we can assist you in this area.

Risk Warning exclamation mark icon

The value of investments and income from them may go down. You may not get back the original amount invested.

A pension is a long term investment, the fund value may fluctuate and can go down. Your eventual income may depend on the size of the fund at retirement, future interest rates and tax legislation.

Information is based on our current understanding of taxation legislation and regulations. Any levels and bases of reliefs from taxation, are subject to change.

Taking withdrawals may erode the capital value of the fund, especially if investment returns are poor and a high level of income is being taken. This could result in a lower income when the annuity is eventually purchased.

Risk Warning exclamation mark icon

The value of investments and income from them may go down. You may not get back the original amount invested.

A pension is a long term investment, the fund value may fluctuate and can go down. Your eventual income may depend on the size of the fund at retirement, future interest rates and tax legislation.

Information is based on our current understanding of taxation legislation and regulations. Any levels and bases of reliefs from taxation, are subject to change.

Taking withdrawals may erode the capital value of the fund, especially if investment returns are poor and a high level of income is being taken. This could result in a lower income when the annuity is eventually purchased.