Inheritance Tax Planning Torquay
Know your inheritance tax position before it is too late.
Many estates in Torquay and across Devon face a 40% IHT bill that could have been reduced with earlier planning. Daniel reviews your exposure, identifies reliefs you may be missing, and sets out your options in plain English. Fixed-fee advice, ACCA-qualified, with responses the same day you ask.
- Your IHT liability calculated clearly, with no guesswork
- Nil-rate bands and residence nil-rate bands properly applied
- Business Property Relief and other exemptions identified upfront
- A written plan you can act on, not a report you cannot read
No long-term contract. If the engagement is not working for you, you leave with a clear picture of where you stand and nothing outstanding.
Get a free inheritance tax review
Fixed pricing. Same-day reply.
What our clients say
★★★★★
Fast, Accurate Probate Accounts
“Excellent service providing financial accounts for probate. Quick, efficient and friendly. Would highly recommend.”
★★★★★
Transparent Fees, Fast Turnaround
“Fees were transparent, turnaround was fast, and the work was done thoroughly and accurately.”
★★★★★
Every Detail Explained Meticulously
“very professional, explaining every detail meticulously in order to finalise our accounts. A huge thank you Daniel.”
★★★★★
Never Have to Worry About It
“Professional service. This company does my accounts every year and i never have to worry about it. Speedy as well.”
Sound familiar?
Still not sure what your estate will owe HMRC?
Inheritance tax catches a lot of people out. Property values in Devon have risen sharply, and many estates now sit well above the £325,000 nil-rate band without the owners realising it. The reliefs exist — Business Property Relief, the residence nil-rate band, lifetime gifts — but they only work if someone has actually looked at your situation and structured things accordingly.
- No clear figure for what your estate will owe at 40%
- Property assets pushing you over the nil-rate band without a plan
- Business or agricultural reliefs going unclaimed through lack of advice
What a proper IHT review looks like
Daniel works through your estate, identifies your exposure and explains which reliefs apply and how to use them. The goal is not a lengthy report — it is a clear picture and a set of actions you can actually take.
- Your IHT liability calculated to the penny, with the assumptions shown
- Nil-rate band, residence nil-rate band and property reliefs assessed against your actual estate
- Business Property Relief, Agricultural Property Relief and gifting options set out clearly
- Fixed fee agreed upfront — no surprises when the bill arrives
What clients in Torquay say about the advice
From probate accounting to tax planning, the feedback reflects what DG Accountancy aims for every time — clear, fast and accurate.
Excellent service providing financial accounts for probate. Quick, efficient and friendly. Would highly recommend.
Daniel was very helpful with my books and tax return. He offered great advise and insight in how to manage my books better and more efficiently. His knowledge in tax law and what can be used for expenses really helped with saving money where I could.
Three things your IHT planning covers
Each engagement is tailored to your estate and circumstances — not a generic checklist. Here is what the work typically includes.
IHT Exposure Review
Your estate is assessed against current thresholds and your personal circumstances. You get a clear number — your likely IHT liability — and the assumptions behind it explained plainly. No jargon, no vague estimates.
Starting point for all planningReliefs and Exemptions Identified
Business Property Relief, Agricultural Property Relief, the residence nil-rate band and inter-spouse exemptions are each checked against your situation. Missing one of these reliefs can cost your estate tens of thousands. They are not complicated to claim — they just need someone to check.
Included in the reviewLifetime Gifting and Structuring Advice
The seven-year rule, annual gift exemptions, trusts and business restructuring all have a role depending on what you own and when you want to act. Daniel sets out the options and their implications, so you can decide what makes sense for your family — not just what looks good on paper.
Ongoing advisory availableConsistent feedback across different situations
Clients come to DG Accountancy with very different circumstances. The experience they describe tends to be the same — clear communication, fast turnaround and no unnecessary complexity.
Stressful Process Made Noticeably Easier
“I worked with Daniel at DG Accountancy to review and sign off my sole trader accounts for a time-sensitive mortgage application, and the service was excellent. Daniel was extremely responsive, clear, and professional throughout. He understood exactly what the lender required, turned everything around very quickly without cutting corners. Communication was straightforward and reassuring, which made a potentially stressful part of the mortgage process much easier. Fees were transparent, turnaround was fast, and the work was done thoroughly and accurately. I wouldn’t hesitate to recommend Daniel to anyone needing reliable accountancy support, particularly where deadlines really matter.”
Every Detail Explained, Accounts Finalised Professionally
“Absolutely recommend Daniel for all and any accounts related matter. Would use his expertise again. He is the most amazing person, very professional, explaining every detail meticulously in order to finalise our accounts. A huge thank you Daniel.”
Tax Handled So We Could Focus On Work
“Huge thanks to Daniel for helping ourselves with our taxes! Being self employed means we all have to do this ourselves which is just not possible on top of our work load. Thanks again! We will be using you again!”
Three reasons clients choose Daniel for IHT planning
Inheritance tax planning requires someone who understands both the rules and your specific situation. Here is what that looks like in practice.
No Guesswork on Your Exposure
Twenty years working across property, construction and high net worth client situations means Daniel understands how estates are structured in the real world. Your review is based on what you actually own, not a generic template. You leave knowing your number — not a range with caveats.
Tax Explained Without the Jargon
Nil-rate bands, tapered relief, seven-year rules — the concepts are straightforward once explained plainly. Daniel’s approach is to walk through each one in terms of what it means for your estate specifically. Clients consistently describe leaving conversations with a clearer picture than they expected.
You Work Directly With Daniel
There are no juniors handling your file or rotating advisers who need to be briefed each time you call. You deal with Daniel directly, which means context is retained, responses are fast, and the advice is consistent. For something as consequential as estate planning, that matters.
Up and running in four straightforward steps
Most clients complete their IHT review within two weeks of making first contact. The process is designed to require as little from you as possible.
Book a free discovery call
A 20-minute conversation about your estate, your circumstances and what you are trying to achieve. No commitment required — just an honest conversation about whether the timing and scope make sense.
Receive a fixed-fee quote
You will get a written quote covering exactly what the engagement includes and what it costs. Everything is agreed before any work begins, so there are no surprises at the end.
Share your information securely
Daniel works through a straightforward information-gathering process via secure file sharing. You do not need to have everything organised — just a reasonable picture of what you own and what your goals are.
Your plan, in plain English
You receive a clear summary of your IHT position, the reliefs available to you, and the actions worth taking. The goal is that you leave knowing exactly where you stand and what, if anything, to do next — which is considerably more useful than leaving with a report you cannot act on.
“Daniel was very helpful and patient with me when I had no clue what to do and spoke through everything with me and made it clear, couldn’t recommend him enough, thank you again.”
Things people usually ask before getting started
Do you understand how Business Property Relief and Agricultural Property Relief apply to estates like mine?
Yes. BPR and APR are commonly underclaimed, particularly where business assets are held within an estate alongside residential property. Daniel works through which assets qualify, at what rate, and whether any restructuring would improve the position. The rules have specific conditions attached — the review covers whether your situation actually meets them, not just whether the reliefs exist in theory.
How much does an inheritance tax review cost, and what is included?
IHT planning is priced as a fixed-fee engagement agreed before any work starts. The fee covers an assessment of your estate against current thresholds, identification of applicable reliefs and exemptions, and a plain-English summary of your position and options. There are no hourly rates or unexpected additions. The quote you receive at the outset is the fee you pay.
I have not done any IHT planning before — is it too late to make a difference?
For most people, no. Lifetime gifting, reliefs and estate structuring can still reduce exposure even without years of advance planning. The honest answer depends on the size and composition of your estate and your personal circumstances — which is exactly what the review is designed to establish. Starting later than ideal is still considerably better than not starting at all.
Is there a long-term commitment if I engage DG Accountancy for IHT planning?
No. A one-off IHT review is a standalone fixed-fee engagement with no ongoing commitment required. If you want Daniel to monitor your position annually as your estate changes, that can be arranged — but it is not a condition of the initial work. You decide what ongoing involvement, if any, makes sense after you have seen the output.
Can you help with the seven-year rule and lifetime gift planning?
Yes. Lifetime gifts, the annual exemption, the seven-year taper rule and potentially exempt transfers are all covered as part of a comprehensive IHT review. Daniel sets out what you can gift, when the clock starts running and how those gifts interact with the rest of your estate — so you are not making decisions without understanding the full picture.
Do you work alongside solicitors and financial advisers on estate planning?
Yes, and it is usually the right approach for more complex estates. Daniel focuses on the tax and accounting side — IHT calculations, relief claims, business structuring and compliance. Where wills, trusts or wealth management are involved, he works alongside your existing advisers or can point you toward appropriate specialists. The goal is that each professional handles what they are qualified to handle.
Less uncertainty about your estate’s tax position.
A free discovery call takes 20 minutes. You will leave knowing whether there is a planning opportunity worth pursuing and what the next step looks like — no obligation, no pressure.