Families are often able to build up a substantial net worth through owning property, like a farm, or a small business.
Speculation is mounting that the government may charge inheritance tax on pensions and extend the seven-year gifting rule. So ...
My brother and I want to do the right thing for our younger brother and give him an equal share from our inheritance. I know ...
Under the current scheme, you can give away as much money as you like, inheritance-tax free, as long as you live seven years ...
The inheritance tax seven-year rule is “under threat” in Rachel Reeves’s Spring Statement, wealth advisers have warned.
Enquiries have at least doubled since the Budget, says one expert, who believes these are now likely to increase ...
Gifting is a heartfelt way to express love and affection towards our dear ones. In 1958 by Parliament of India, the gift tax ...
Under the current laws, you need to pay 40% Inheritance Tax on your "estate" - so your property, money and possessions - that ...
Inheritance tax (IHT) takings soared to £6.8billion in the eight months from April to December 2024, new figures show. This marks a £600million increase compared to the same period last year, putting ...
Estate planning is necessary, as Benjamin Franklin would agree with his quote ‘Nothing is certain except death and taxes’.
Wealth advisers raise alarms over potential changes to inheritance tax's seven-year rule, as Chancellor eyes tax hikes to ...