The Government said it wants to continue to offer tax incentives for people saving into pensions, such as tax relief on ...
Dear Mike, Everyone in the farming community is up in arms about the inheritance raid by “Rachel From Accounts”, ...
Labour's plan to tax inherited pensions could generate an estimated £40billion for the Treasury over the next two decades, far exceeding official estimates, according to new analysis. The tax measure, ...
The Chancellor's decision to include pensions in the calculation of IHT will mean grieving families could face hefty tax ...
The government clarifies: "Any Inheritance Tax due on gifts is typically paid by the estate, unless you give away more than ...
The firm explains: “As a child will rarely have earnings, you can usually only pay up to £2,880 into a child’s pension for the 2024/25 tax year. When you factor in the 20% in tax relief from the ...
Inheritance tax is no longer a concern solely for the wealthy. Prior to chancellor Rachel Reeves’ first Budget, it was ...
Labour estimated the change will bring in £640m in the first year but new analysis shows it is likely to be in the billions ...
Pension advisers and wealth management chiefs have issued stark warnings to the Treasury over plans to apply inheritance tax (IHT) to pension funds, cautioning that the proposed changes could cause ...
UK households are moving to use the loophole in a bid to cut their bill ahead of Labour Party Chancellor Rachel Reeves's ...