During our initial review, we identified that the client’s projected inheritance tax (IHT) liability was already significant under current legislation and likely to increase further. Upcoming changes, including the planned inclusion of pension assets within the taxable estate from 2027, added urgency to the situation. The client wanted to take proactive steps to reduce risk and avoid leaving unnecessary tax burdens for their family.
Chadwick Accountants carried out a full review of the client’s personal finances, property business, and estate planning objectives. We then recommended a strategic restructuring of how assets were held, designed to improve tax efficiency, protect long-term family wealth, and remain flexible in the face of future legislative change. A key requirement was that the client retained full control over their property portfolio, which was carefully incorporated into the solution.
The restructuring repositioned assets to take advantage of more efficient tax treatment, reduced exposure to higher-rate income tax, and improved the ability to pass value to the next generation in a controlled and tax-efficient manner. The strategy balanced immediate savings with long-term planning.
As a result, the client now benefits from annual income tax savings of approximately £17,000 and a reduction in projected inheritance tax of over £500,000. These outcomes were achieved without compromising control or investment flexibility.
