Murray Beith Murray

Services - Tax Planning

Few of us think about planning for the day our assets are passed on, but planning for the future can be as simple or as complicated as you want it to be. Maybe you have children you want to be sure are provided for, or a family business or estate that you want to pass on to the next generation. Even if you are just starting out in your career, you might be surprised at the difference planning now can make.

Writing a Will can be the start of good tax planning, but if your assets extend beyond your home and some savings or investments, you could benefit from an extensive review of your personal affairs. This would allow us to identify any assets that are most likely to give rise to a tax liability in the future, and enable you to take action to minimise that liabilty.

In addition, we can look at the way in which your assets are going to be used or extended through your lifetime and identify the most tax-efficient way forward for you. For example, it might be beneficial to put some assets in trust, or to change the way your business is set up to allow further tax savings, or you might be able to give particular items to certain people at a later date without incurring tax. We can make you fully aware of all these factors so that you can plan in the best way for you.

Tax is a complicated, continually changing area. It is important to seek specialist advice to ensure that your assets are protected, exemptions are utilised and tax is minimised. Our expertise covers a broad range of specialist areas including income tax, inheritance tax, capital gains tax and stamp duty land tax.

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Peter Shand Partner

Peter Shand

Peter is a Partner and advises private clients on Wills, estate and tax planning, asset protection and charity law.

Before joining Murray Beith Murray, Peter worked as a corporate lawyer and he now advises on succession/wealth planning in the context of trusts, companies, partnerships, and other corporate vehicles. Peter’s expertise also covers inheritance and capital gains tax advice.

Peter is a dual qualified solicitor (Scotland and England/Wales). He is experienced in dealing with cross border issues relating to succession planning and trusts and is a member of the Society of Trust and Estate Practitioners (STEP). He also provides general financial advice and has membership of the Personal Finance Society.

Active in the Arts, Peter is currently a non-executive Director of Magnetic North Theatre Productions. He has experience of advising those involved in the charity sector on governance issues, legal structures and the set up/reorganisation of charities.

Areas of work

  • Estate planning (including taxation issues)
  • Wills and Powers of Attorney
  • Trusts/Companies/Partnerships
  • English law
  • Charities

Latest News

New Appointment

We are continuing to develop our tax department by welcoming our newly appointed Tax Manager Kerry MacBeth.

Promotions Announcement

Murray Beith Murray is delighted to announce several promotions across various departments.

Changes will make young heirs a little wealthier

There is nothing as certain as death and taxes. In the same context, 2017 has prompted a report by the Institute for Fiscal Studies on inheritances and inequality across and within generations.