Your legacy, protected for the generations that follow.
You have spent a lifetime building your wealth. Portcullis Wealth Retention Ltd exists to make sure it reaches the people you intend it to — as much of it as possible, as smoothly as possible, with as little going to HMRC as the law allows. Founded on nearly 30 years of estate planning experience, we combine deep technical expertise with a highly personal approach.
Your legacy, secured for the generations that follow.
Leave a tax efficient legacy
With over 30 years of experience in providing estate planning and wise counsel to multiple generations of clients, Portcullis Wealth Group is here to guide you through every step of effective multigenerational wealth planning, as we enter an unprecedented era of huge wealth transfer.
The Great Wealth Transfer
he Office of Budget Responsibility (OBR) estimates a total of £5.5 trillion of assets will be transferred from the baby boomer generation (born 1946 – 1964) and those born before WWII to the next generation over the next 25 years.
Using data from the Office of National Statistics (ONS) and the current inheritance tax allowances, this represents a vast pool of wealth – measured in the trillions – that could be redistributed through taxation over the same period. This, in part, explains why successive governments have quietly allowed inheritance tax allowances and rules to remain unchanged: by doing nothing, they can increase Exchequer receipts from inheritance tax gradually and unobtrusively.
About Us
Portcullis Wealth Retention Ltd provides expert advice on wills, trusts, powers of attorney, probate, estate planning and personal tax. We are a member of the Society of Will Writers (MSWW by examination), a recognised certificate provider for the Office of the Public Guardian, and a registered HMRC agent. We have handled a wide range of family scenarios — including complex and sensitive situations — with discretion, care and 30 years of experience behind every recommendation.
Portcullis Wealth Retention Ltd is a member of the self-regulatory professional body, the Society of Will Writers (SWW). The SWW’s membership spans the UK, Europe, and further afield, with each member having to maintain the professional standards and ethics of the Society.
As specialists in Estate Planning and Inheritance Tax (IHT), we believe you can take proactive steps to avoid, reduce or mitigate the punitive damage inheritance tax can have on the transfer of wealth over generations. To us, IHT is a voluntary tax that can be legitimately avoided with careful planning.
Inheritance tax is a voluntary tax - with the right planning
With the right legal structures in place, it is possible to legitimately reduce or eliminate an inheritance tax liability — protecting wealth that would otherwise pass to HMRC rather than your family. Our approach is grounded in over 30 years of experience and a thorough knowledge of current legislation and case law. We recommend only strategies that are legally robust, appropriate to your circumstances, and capable of withstanding scrutiny.
Every man is entitled, if he can, to order his affairs so that the tax attaching under the appropriate Acts is less than it otherwise would be. If he succeeds in ordering them so as to secure this result, then, however unappreciative the Commissioners of Inland Revenue or his fellow taxpayers may be of his ingenuity, he cannot be compelled to pay an increased tax.
An example of the courts’ later, more restrictive approach was the Ramsay principle where, if a transaction had pre-arranged artificial steps that served no commercial purpose other than to save tax, the proper approach was to tax the effect of the transaction.
Therefore, when planning for tax avoidance, knowledge of the law and its practical application should be high on the list of desirable attributes of the advisers you decide to engage.
With over thirty years success in Estate Planning, we believe Portcullis Wealth Retention Ltd is in a very strong position to provide its clients both prospective and existing a very high level of comfort in the suitability, legality and appropriateness of its recommendations.
We approach this work with genuine pride and care. Many of the estates we administer are for clients we have known for years. Honouring their wishes and supporting their families at a difficult time is a responsibility we take seriously.