Rachel Reeves has directly dismissed speculation that the government would scrap the inheritance tax seven-year rule.

Furthermore, from 2027 the inclusion of unused pension pots and death benefits in estate calculations together with this ...

Chancellor Rachel Reeves is being urged to abolish the £175,000 residence nil-rate band in the Budget and other changes are ...

Over 150,000 households could face Inheritance Tax after the changes announced in the Budget are implemented. According to official data from the Office for Budget Responsibility (OBR), 153,000 ...

After that, the relief drops to 50pc. Assets above the threshold will be subject to an effective 20pc inheritance tax charge, meaning thousands of farmers will have to start paying death duties.

HMRC believes wealthy taxpayers have underpaid up to £325million in Inheritance Tax (IHT ... on agriculture and business property relief and to cut tax breaks on AIM shares by 50% in the ...

“We are doing our bit in Northern Ireland but this is part of a UK-wide activity ... Business Property Relief will mean estates will pay a reduced effective inheritance tax rate of 20%, rather ...

One of the many changes announced in Chancellor Reeves’ Budget, is a shift in the current inheritance tax ... for UK businesses? And how should we be bracing for them? The Budget’s main change to IHT ...

The government continues to rake in record sums from death duties, according to the latest inheritance ... to avoid an inheritance tax bill. Something called taper relief kicks in after three ...

It comes after lines of tractors took to streets across Northern Ireland as part of a UK-wide protest ... assets over £1 million, inheritance tax will apply with 50% relief, at an effective ...

The Ulster Farmers Union have vowed to keep up pressure on the UK Government ... attract no inheritance tax. But for assets over £1 million, inheritance tax will apply with 50% relief, at an ...