Andrew Webster, Investment Director at Beringea – the manager of the ProVen Estate Planning Service (PEPS) – spoke recently with Elizabeth Anderson of The Times Money Mentor about managing inheritance tax liabilities.

The piece examines the recent increase in inheritance tax (IHT) receipts across the UK and how using business relief (BR) could help investors mitigate their tax liabilities, in some cases to nil.

The article shares perspectives on the growing case for using BR products, such as the ProVen Estate Planning Service, which seek to pass on a greater proportion of your wealth to beneficiaries. As Andrew comments: “Investors in business relief are typically looking to benefit from the shorter window for money to qualify for IHT relief [when compared with gifting money from their estate], while retaining access to their money”.

To find out more about BR, its pros and cons, and how it can help reduce IHT liabilities, read the full article on The Times Money Mentor here.

And if you would like to discuss the ProVen Estate Planning Service further, get in touch on 020 7845 7820 or via info@beringea.co.uk.

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This article is for UK residents interested in finding out more about Business Relief and the ProVen Estate Planning Service strategies. UK tax rules and regulations are subject to change, and such changes may be retrospective. Your ability to obtain tax reliefs will depend on your personal circumstances. It is not our intention to offer legal, tax or investment advice, and we always recommend that investors seek professional advice that can take account of their personal circumstances before making any investment or estate planning decisions. An investment in the ProVen Estate Planning Service should be considered high risk and past performance is not a good indicator of future results.

Important notice: issued by Beringea LLP of Charter House, 55 Drury Lane, London, England WC2B 5SQ, registered in England & Wales number OC342919 and authorised and regulated by the Financial Conduct Authority, number 496358.