A large portion of the work involved in administrating an estate is the preparation of the estate accounts and negotiating a final valuation of the assets and associated inheritance tax liability with HMRC. Dhikr Accountants has vast experience in dealing with valuations and tax returns and are best suited to negotiate your final valuation and tax liability with HMRC.
Unlike with lawyers and a bank, accountants can advise on the most tax beneficial way of minimising an estates tax liability. We can advise not only on the inheritance tax implications of an estate, but we can also assist personal representatives on future tax liabilities, e.g. capital gains tax implications of an inheritance received.How we can help?
We bring together the technical expertise of accountancy with that of probate, both are equally important in successfully administrating an estate.