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Tax - Inheritance Tax and Capital Gains Tax

Although we can advise generally about tax our specialist areas of advice relate to tax mitigation and tax avoidance of Inheritance Tax and Capital Gains Tax. There are measures that can be taken during a person’s lifetime to plan for a possible Inheritance tax charge on their estate and we can provide advice about lifetime planning including making gifts and trusts.

The Inheritance Tax nil-rate band is currently £325,000 and if your estate is near or above this level then we would suggest that you seek advice about possible tax planning measures. If a person dies without taking these measures then in some situations there are things that can be done to alleviate the tax burden, such as the use of Deeds of Variation and we can advise you depending on the specific circumstances.

Where you are considering the disposal of an asset, whether it is by gift, sale or as a transfer into trust then we can advise you on the possible Capital Gains Tax implications.

Lasting Power of Attorney

Whilst a potentially difficult subject for most to consider and discuss, ensuring your affairs are in order is arguably the most important aspect of financial planning.

Contact Us

Cardiff

Jennifer Melly Law
39 The Parade
Cardiff
Wales CF24 3AD

02921 672939

reception@jennifermellylaw.com

Neath

Jennifer Melly Law
45 Alfred Street
Neath
Wales SA11 1EH

01639 630057

reception@jennifermellylaw.com

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