Inheritance Tax and Retirement Planning Deciding the best time to retire both from a financial and a tax perspective is difficult for many clients. Sandra has considerable experience of advising in this situation and can assist the client to "think through" the implications of various options. When writing wills individuals are often concerned about the tax implications of their wishes on their relatives and wish to mitigate this tax where possible by careful advance planning. We can advise you on how to maximise reliefs on transferring your business to family members during your lifetime and on the arranging of wills in order to reduce the inheritance tax payable on death. Inland Revenue Investigations Should the Inland Revenue investigate your affairs it is essential that your representative is technically competent and can negotiate on your behalf any areas which are in dispute. Sandra has had several years experience of handling Inland Revenue Enquiries including those dealt with by the Inland Revenue Special Compliance Unit which deals with larger cases and those involving fraud. We are very conscious of the stress that enquiries cause the individual therefore we ensure that enquiries are dealt with as a priority and keep the client informed at each stage. Whilst preparing our clients accounts we always undertake a review of the records and business practices with the specific purpose of identifying any potential problems which may arise in the event of an Inland Revenue, PAYE or Customs & Excise enquiry. We believe in assisting clients to maintain better records and practices so as to avoid difficulties arising in the future. Farming Sandra is from a farming background and therefore has first hand practical knowledge of farming and a particular interest in the industry. It is more important than ever in this period of sustained economic pressure that farmers obtain sound advice and assistance and we are well placed to provide it. Recently our work for farmers has included assessing diversification plans and assisting some clients with refinancing arrangements. Click here for a list of useful internet links.