Probate Fees

Posted by: Nicola Macdonald, on March 16, 2017.

Probate fees: Is this the next ‘tax’ rise to be removed?

Following the Government’s climb down regarding a proposed increase in National Insurance for the self-employed, we wonder if the controversial proposal to dramatically increase Probate fees with effect from May 1st 2017 will be the next one to go?

One Conservative backbencher said MPs “are just waking up to” the consequences of the new probate fees, which “they see as a death tax by another name”.

Since 2014 if an estate is less than £5,000 no Probate fee is charged. For estates of £5,000 and over there is a flat Probate fee of £155 if the grant is sought by a solicitor and £215 if the grant is sought by an individual. The current proposals seek to dramatically increase fees. For estates between £500,000 and £1 million the fee increases to £4,000 (an increase of 1760.47%!). For estates over £2 million the fee increases by 9202.33%!

Probate Fees

The Ministry of Justice said: “We are introducing a fairer banded system of probate fees which will mean more than half of estates will pay nothing. Fees are necessary to maintain an accessible, world-leading justice system which puts the needs of victims and vulnerable people first.”

Perhaps unsurprisingly, more than three-quarters of the 829 responses to a government consultation on the fee rise were opposed to it.

If you wish to explore ways to reduce your current Inheritance Tax liability and also how to potentially reduce this proposed charge, please contact us by calling 01825 76 33 66 or complete the contact form to book a consultation.


Enter your email

Get free investment, pensions and wealth management news and advice.

* indicates required

*We will never share your details with any third party.


Client Stories

Book a consultation

Your Name (required)

Email (required)

Phone Number


Employment Status


What you would like to talk about?


Enter exactly what you see above

Enter your email to receive free relevant news and updates.

* indicates required

*We will never share your details with any third party.

Latest… View all

Putting the current stock market decline in context

There’s no doubt hyperbolic headlines depicting the recent falls on the world’s financial markets are potentially anxiety-inducing. With the FTSE 100 Index falling to its lowest level since April 2017, the effect of the headlines is to promote a sense of uneasiness; we’re here to remind you that this shouldn’t be the case. Instead of […]

Read more →

Inheritance Tax is an avoidable tax

It is often said that Inheritance Tax is an avoidable tax, but many of us somehow fail to avoid it. Why is this? In our experience, clients’ failure to plan effectively is a result of the following perceived problems: Speed – How often will the thought of having to survive 7 years from the date […]

Read more →

What went wrong with the forecasts?

Reading the tea leaves Investors at year-end are inclined to reflect on the 12 months gone and muse on what the coming year might bring. Aware of this appetite for speculation, themedia tends to feed it with forecasts. These articles can be fun to read, but are even more so a year later. In January […]

Read more →

What should investors make of bitcoin mania?

Bitcoin and other cryptocurrencies are receiving intense media coverage, prompting many investors to wonder whether these new types of electronic money deserve a place in their portfolios. Cryptocurrencies such as bitcoin emerged only in the past decade. Unlike traditional money, no paper notes or metal coins are involved. No central bank issues the currency, and […]

Read more →