Inheritance Tax receipts hit a record £7.6 billion in the first 11 months of 2024/25, exceeding last year’s total with one ...
For families looking to build generational wealth, owning a home is often one of the key steps toward creating an asset to ...
Holiday let owners trying to avoid inheritance tax bills are increasingly being caught out by the taxman, experts have warned ...
Grant Thornton UK LLP Tax Director Rachel Stace explores the implications of upcoming changes to inheritance tax reliefs and ...
One of the most common questions I hear from clients in my estate planning practice is: "Will my heirs have to pay taxes on ...
"However, taxation comes into play when the heir decides to redeem or sell these inherited mutual fund units. The tax liability depends on the type of mutual fund, the holding period, and the ...