The amount of money collected through inheritance tax is likely to rise further in the UK due to recent policy changes. View ...
As a result, inherited pensions could be subject to “double taxation”. This would create an effective tax rate of 52% for ...
UK inheritance tax receipts hit a record £7 billion as frozen thresholds pull more estates into the tax bracket. Learn why families are struggling and calls for reform are growing louder.
Foster child relief allows children to benefit from exemption from tax on gifts and inheritances of up to €400,000 from ...
According to official data from the Office for Budget Responsibility (OBR), 153,000 estates will be subject to the tax once ...
Inheritance tax (IHT) takings soared to £6.8billion in the eight months from April to December 2024, new figures show. This ...
Dear Mike, Everyone in the farming community is up in arms about the inheritance raid by “Rachel From Accounts”, ...
Labour estimated the change will bring in £640m in the first year but new analysis shows it is likely to be in the billions ...
We're 57 and jointly own a £1.3m house. We want to avoid a situation where the surviving twin might have to sell our home to ...
"Inheritance tax provides a steadily rising flow of receipts for the Treasury as more estates, and more assets within each estate, are drawn across the exempt thresholds that are available to ...