Join Richard Higgs for a webinar on how you could reduce your inheritance tax in two years by using BPR (Business Property Relief).

The UK Government’s decision in 2013 to allow AIM-listed shares to be held within Individual Savings Accounts (ISAs) means that investors can now hold BPR-qualifying shares within a tax-efficient ISA wrapper.

This is a well-established relief dating back 40 years, however, you should keep in mind that the value of an investment may go down as well as up and investors may not get back what they originally put in.

Find out if this could eliminate your inheritance tax liability today.

Click here to watch the recording - no need to register.

Introduced in 2017, the Residence Nil Rate Band (RNRB) is an amount additional to the Nil Rate Band (NRB) that could be passed on tax-free against the value of the family home.

The RNRB could save you tens of thousands of pounds worth of inheritance tax but the rules aren’t that simple. Richard Higgs explains what you need to know.

Click here to watch the webinar - no need to register.

If you would like a relaxed chat about your potential inheritance tax position please don't hesitate to give us a call on 0117 3636 212 or email office@haroldstephens.co.uk. #inheritancetax #residencenilrateband

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If you have accumulated wealth through your life time and you are thinking about gifting assets to your loved ones, Richard has prepared a webinar for you to run through the different options.

There are many issues to consider from taxation to control and it is always worth talking through your plans ahead of time.

If you have concerns about keeping wealth within your family, and would like to know more about the rules around gifts, please get in touch if you would like to have a relaxed chat about your circumstances. We can help you make a bespoke plan for your finances to give you peace of mind.

Join Richard Higgs for an analysis of what the Autumn Statement means for your later life financial planning. The webinar covers income tax, dividends, capital gains tax, EIS and VTCs, inheritance tax, pensions and social care - a very comprehensive analysis for you!

Watch webinar here

Introduced in 2017, the Residence Nil Rate Band (RNRB) is an amount additional to the Nil Rate Band (NRB) that could be passed on tax-free against the value of the family home.

The RNRB could save you tens of thousands of pounds worth ofinheritance tax but the rules aren’t that simple. Richard Higgs explains what you need to know.

Click here to watch the webinar - no need to register.

If you would like a relaxed chat about your potential inheritance tax position please don't hesitate to give us a call on 0117 3636 212 or email office@haroldstephens.co.uk. #inheritancetax #residencenilrateband

Join Richard Higgs for a webinar on how you could reduce your inheritance tax in two years by using BPR (Business Property Relief).

The UK Government’s decision in 2013 to allow AIM-listed shares to be held within Individual Savings Accounts (ISAs) means that investors can now hold BPR-qualifying shares within a tax-efficient ISA wrapper.

This is a well-established relief dating back 40 years, however, you should keep in mind that the value of an investment may go down as well as up and investors may not get back what they originally put in.

Find out if this could eliminate your inheritance tax liability today.

Click here to watch the recording - no need to register.

An ISA is one of the most tax efficient vehicles possible for the purposes of income and growth. However, ISAs are not free of all tax. Watch a 20 minute video on Inheritnace Tax-Free ISAs to find out how you can potentially reduce the inheritnace tax liability for your loved ones.

Click here to watch the video.

Getting to grips with Inheritance tax rules can feel really daunting, especially if you’re not the person that has typically dealt with the finances in your family.

We’re here to make it simple to understand. Richard Higs has prepared a 20 minute talk on the rules, how to calculate if you might have to pay any inheritance tax and some ways to reduce the liability if you do.

If you have any questions about inheritance tax after watching, please don’t hesitate to give us a call, we’re always happy to help.

Click here to watch Richard’s video.

When a person makes a Power of Attorney (POA), they appoint someone else to act on their behalf. The person making the power of attorney is called a donor and the person appointed to act on their behalf is called an attorney.

If a person wants someone to look after their affairs for a long period of time, they can make a lasting power of attorney (LPA). There are two types of LPA: property and financial affairs LPA and health and welfare LPA.

If someone has made you their attorney for their property and financial affairs, you are responsible for making decisions that meet your legal duty of care obligations.

If you are unsure about the process or perhaps your obligations if you have been or may be appointed an attorney, join us for this 20 minute workshop where Independent Financial Adviser, Richard Higgs will talk you through what you need to know.

Click here to watch the webinar.

Did you know that your ISAs (that’s your cash ISAs & stocks & shares ISAs) lose their tax-free status on death and form part of your assets for Inheritance Tax (IHT) purposes?

Therefore it is likely that if you have accumulated ISA savings and your estate is in the Inheritance Tax bracket – then the beneficiaries of your assets will pay 40% tax on what was supposed to be a tax-free investment!

Given that that the average IHT bill is almost £200,000 in the UK and the forecast is over £7 billion per year paid in IHT to the taxman – this is all personal choice. We should all be planning and taking action to mitigate or even eliminate the tax your beneficiaries need to pay.

Chartered adviser, Richard Higgs has prepared a webinar to explain how investing in an AIM Inheritance Tax ISA could help be part of your estate planning.

View the webinar on-demand by clicking here.

To kick off our events in 2022, we have devised a series of webinars focussing on Long-Term Care. The current rules are complex and with the social care reform on the horizon, it can be difficult to know where to go for a complete picture of where you stand.

Later life specialist, Rich Higgs has spent weeks researching the most up to date information available on the proposed changes and the impact they could have on your family and finances.

Feel free to join us for all four webinars in the series or pick and choose whichever ones may suit your circumstances best. If you are unable to make it when they are live, we will send you a link to the recorded version as soon as it’s available.

1. Long-Term Care Planning

   Wednesday 5th January - 10.00am - 10.30am

   On demand here.

   An overview of the current process and rules surrounding long-term care.

2. Proposed Rules - Social Care Reform

   Wednesday 12th January - 10.00am - 10.30am

   On demand here.

   Richard will talk you through how the government’s proposals intend to change the social care system, including how the £86,000 ‘cap’ will work in practice.

3. Initial Stages of Applying for Long-Term Care

   Wednesday 19th January - 10.00am - 10.30am

   On demand here.

   What to expect when the time comes to arrange social care from the care needs assessment, to the care plan and the means test.

4. Protecting Your Assets

   Wednesday 26th January - 10.00am - 10.30am

   It’s no secret that paying for long-term care is expensive and many people fear having to sell their home or losing other assets to these costs. With some forward planning, it is usually possible to avoid this situation.

   On demand here.

Please join for as many sessions as you would like to and feel free to share.

As your local independent financial adviser in Bristol, we are happy to help you with any later life planning requiremens you may have. If you have any specific questions about Long-Term Care planning or any of the other areas we can help you with, please don’t hesitate to give us a call on 0117 3636 212 or email Richard@haroldstephens.co.uk.