Service
Inheritance Tax Planning Glasgow
Fixed-fee inheritance tax planning glasgow with a clear scope, practical guidance and ACCA-regulated support.
Overview
Reduce Inheritance Tax Legally and Plan with Confidence
Inheritance tax at 40% can take a significant portion of an estate if planning is left too late. Glasgow families with property, business interests or investment portfolios benefit from structured IHT planning that makes full use of the nil-rate band, the residence nil-rate band and available reliefs. Countify helps Glasgow individuals and business owners understand their IHT exposure, structure transfers efficiently, and ensure the right documentation is in place before HMRC becomes involved.
What you get
Glasgow Inheritance Tax Planning, Done Properly
Glasgow property owners face a specific IHT context: Scotland's Additional Dwellings Supplement of 6% on second properties affects how residential assets are structured during lifetime planning. Business property relief at 100% for qualifying trading businesses and 50% for certain assets can substantially reduce IHT where Glasgow business owners hold shares or partnership interests. The nil-rate band of £325,000 and the residence nil-rate band of £175,000 (where a residence passes to direct descendants) can combine to shelter up to £1 million for a married couple. Potentially exempt transfers made more than seven years before death fall outside the estate entirely. Countify maps your estate, identifies the available reliefs and structures a plan that reduces exposure within HMRC rules.
Key benefits
Full use of nil-rate band £325,000 and residence nil-rate band £175,000
Business property relief at 100% for qualifying trading companies
Potentially exempt transfer planning with seven-year taper review
Gifting strategies using annual exemptions and normal expenditure relief
Scottish ADS-aware property structuring advice
Why choose Countify
Inheritance Tax Planning Glasgow, done right.
Countify works with Glasgow families and business owners to build IHT plans that are practical, documented and HMRC-compliant. We explain complex reliefs in plain terms and coordinate with solicitors where wills or trust documents are required.
Detail
Key IHT Reliefs and Allowances
Nil-rate band: £325,000 per person (transferable between spouses).
Residence nil-rate band: £175,000 where a home passes to direct descendants.
Business property relief: 100% for qualifying unlisted trading company shares.
Agricultural property relief: available for qualifying agricultural land and buildings.
Annual gifting exemption: £3,000 per tax year.
Normal expenditure out of income: gifts from surplus income can be immediately exempt.
How we work
Predictable, fixed-fee engagements.
Inheritance Tax Planning Glasgow starts with a free discovery call. From there, we agree the scope and fixed fee upfront, so there are no surprises on your invoice. Once instructed, we deal directly with the relevant records, authorities and software access needed for this service.
- Step 01
Free discovery call
A 20-minute chat to understand your inheritance tax planning glasgow needs, deadlines, and current records.
- Step 02
Fixed-fee proposal
We confirm the inheritance tax planning glasgow scope and price in writing through an engagement letter.
- Step 03
Onboarding & delivery
We collect the information needed for inheritance tax planning glasgow and keep each agreed deadline visible.
For inheritance tax planning glasgow, we support clients in Glasgow city centre, across Scotland, and throughout the UK via Xero, QuickBooks Online, FreeAgent and secure document sharing. Day-to-day contact is with your named accountant.
Inheritance tax is charged at 40% on the value of an estate above the available nil-rate band. A reduced 36% rate applies where at least 10% of the net estate is left to charity.
The nil-rate band is currently £325,000 per person. Unused nil-rate band from a deceased spouse or civil partner can be transferred, potentially doubling the allowance.
The residence nil-rate band of £175,000 applies where a main residence is left to direct descendants. Combined with the standard nil-rate band, a married couple can potentially shelter up to £1 million.
Business property relief can reduce the taxable value of qualifying business interests by 100% (for shares in an unlisted trading company) or 50% (for certain business assets). We review whether your Glasgow business interests qualify.
A gift made during your lifetime becomes fully exempt from IHT if you survive for seven years after making it. Gifts within seven years may still be subject to taper relief. We model the timing of transfers as part of your IHT plan.
Get started
Take control of your
numbers today.
Free, no-obligation consultation. We agree the fee upfront — no surprises.
- Expert advice
- Fixed fees
- Fast response