HMRC believes wealthy taxpayers underpaid inheritance tax by £325m in the last year - prompting plans for a major crackdown ...

Under the current laws, you need to pay 40% Inheritance Tax on your "estate" - so your property, money and possessions - that ...

Britain’s wealthy are being pushed towards “whole of life” cover to reduce the pain of inheritance tax in an “economic own ...

The UK's tax authority, His Majesty’s Revenue & Customs (HMRC), is eyeing a potential £325m underpayment in Inheritance Tax ...

An Inheritance Tax warning has been issued as 153,000 face new or hiked bills after rule change. Over 150,000 households could face Inheritance Tax after the changes announced in the Labour Party ...

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 ...

As the government seeks to raise an extra £2 billion through IHT increases, a crackdown by HMRC on underpayment is expected to escalate.

Dear Mike, Everyone in the farming community is up in arms about the inheritance raid by “Rachel From Accounts”, ...

Thousands face an inheritance tax crackdown as HMRC suspects underpayments worth £325 million. The figure, known as 'tax ...

inherited pension pots will be subjected to IHT and farms will have to pay the tax for the first time Between April and December, IHT receipts reached £6.3bn, data from HM HMRC shows (Photo: Aitor ...

The taxman is set for another record year when it comes to inheritance tax (IHT). HMRC collected £6.3 billion in the first nine months of the tax year. This figure is up more than 10% compared to ...

HMRC collected £6.3bn in inheritance tax in the last nine months, but with changes to the code announced in Budget, this bill is expected to get bigger.