Succession, inheritance and other personal tax planning strategies to consider before April 2025

Now is a good time to consider tax planning before the end of the tax year.

Updated for the changes announced in the Autumn 2024 Budget, our 2024/25 tax planning guide summarises the key tax ideas that you, your family and your business can benefit from using current tax incentives in UK legislation.

Get your 2024/25 Tax Planning Guide
 

Tax planning ideas

Are you thinking about passing on your business to the next generation?

Are you concerned about non-dom status being abolished and what that means for you both in 2024/25 and beyond?

Are you a senior employee thinking about pension contributions and tax efficient investments?

The 2024/25 Tax Planner contains ideas and insight into tax-efficient strategies, for a wide range of scenarios.

Property tax planning

We suggest ways to help make your property portfolio tax-efficient to preserve family wealth in the context of property ownership. The Guide contains ideas on selling or swapping your main residence, helping your child onto the property ladder and limiting inheritance tax on property.
 

Succession planning

Although the proposed inheritance tax changes announced in the Autum 2024 Budget may still be adapted before they take effect, it is wise to review your priorities and examine planning options now so you can preserve your wealth for your family.
 

Pension tax planning

Planning for retirement can be complex and stressful - we can guide you through the ever-changing pension tax rules to make sure your pension is being used effectively.

Not all of the ideas will be relevant to you, your family or your business, however, where an idea is of interest, please contact us for a discussion on how this can form part of your tax-efficient plans for this tax year and the future.

Download the guide here
 

The 2024 Autumn Budget announced many changes, some taking effect immediately - find our full analysis on our Budget hub.