Probate specialist Josh White from Level Group has explained four significant upcoming changes to IHT expected to take effect in the next few years.
Inheritance tax receipts hit a new record for the fourth year in a row, with experts predicting the figures will only rise ...
An inheritance tax is a levy potentially paid by the recipient of assets inherited from a deceased individual. Just five states have an inheritance tax as of 2025. An inheritance tax is a tax ...
Josh explained the first of these changes coming into effect next month: “Essentially, something called ‘non-domiciled (or ...
Inheritance Tax (IHT ... status' will no longer exempt individuals from paying IHT on their foreign assets. Instead, tax will be based on their residence. “A new ‘Long-Term Resident ...
Two decades of property inflation has lifted families to millionaire status who never would have expected to get there, and that means many more are now hit by inheritance tax. New rules will save ...
For families looking to build generational wealth, owning a home is often one of the key steps toward creating an asset to ...
With proper planning, British expats can enjoy greater control over their wealth without the shadow of UK IHT looming over ...
These rules were designed to stop people giving all their assets away to beat tax on their deathbed but the inheritance tax gift limits haven't changed since the mid-1980s. The main allowance is a ...
Pension savers are choosing to pay an extra £20,000 in income tax to avoid Rachel Reeves’s death duty raid, advisers have said. Taxpayers with large pension pots are rushing to withdraw cash to ...