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Paying less tax on your home

The presence of the family home within your assets will often be one of the major causes of potential tax liabilities.

"The service offered was generally excellent. We regard Shacklocks as our Solicitors, and will use them as and when required."
Clients of Shacklocks Derbyshire Property Team

In particular the 40% tax liability inheritance tax is a major capital tax that can be reduced by treating the family home in the most appropriate fashion. Capital gains tax liabilities can also be reduced through appropriate steps being taken at an early stage with your property.

For an insight into how we might help you with your tax planning through the use of your home please contact us without delay.