Art and Antiques
Our experience extends to advising on the deferral and mitigation of capital taxes arising on a taxable event in respect of important chattels of pre-eminent quality. This can involve advising on the complex interaction of conditional exemption for Inheritance Tax and, in some rare cases, estate duty purposes together with the implications for Capital Gains Tax.
The approach of Ritchie Phillips has always been to provide advice which works both in the short and the long term as art and antiques are often an asset class passed from generation to generation.