For families looking to build generational wealth, owning a home is often one of the key steps toward creating an asset to ...

Inheritance Tax receipts hit a record £7.6 billion in the first 11 months of 2024/25, exceeding last year’s total with one ...

Death can be a tax-triggering event. And there are two you should be aware of: the estate tax and inheritance tax.

"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 ...

Holiday let owners trying to avoid inheritance tax bills are increasingly being caught out by the taxman, experts have warned ...

The Great Wealth Transfer is a term coined to describe the wealth that the silent generation and baby boomers will be leaving ...

Many people may feel taxed to death, but it's actually more than that. After you die, there may still be taxes to pay. Death can be a tax-triggering event. And there are two you should be aware of ...

Pension savings will form part of inheritance tax calculations from 2027 and many retirees are already taking steps to avoid ...

“One of the best ways to cut the amount of tax you have to pay is to make gifts during your lifetime,” says Sarah Coles, head ...

Many seniors own homes, cottages or rental properties and upon their death these assets will make up part of their estate.

Grant Thornton UK LLP Tax Director Rachel Stace explores the implications of upcoming changes to inheritance tax reliefs and ...