HMRC believes wealthy taxpayers have underpaid up to £325million in Inheritance Tax (IHT), which experts ... date survey Failing to declare in an IHT form cash or other valuables such as ...

BERLIN — With Germany’s election less than a month away ... Merz’s conservative CDU is leading in the national polls, making him the front-runner to form a government after the Feb. 23 vote. But with ...

Germany's conservative election frontrunner Friedrich Merz defiantly vowed Friday to pass a bill to restrict immigration with the support of the far-right AfD, repeating a tactic that has sparked ...

If a taxpayer misses the filing deadline, the IRS may impose significant penalties (up to 25% of the amount of the foreign gift or inheritance received).

An inheritance tax could be " abolished" by Labour Party Chancellor Rachel Reeves to "raise money for the Treasury", according to reports. Under the seven-year rule, individuals are able to pass ...

Bereaved wealthy families are likely to see a crackdown on their inheritance tax (IHT) payments this year amid claims they could have underpaid by millions of pounds. HM Revenue & Customs (HMRC ...

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 ...

"Always remember that the amount reported on a tax form is not necessarily the full amount that's taxable," Phillips said. If you sold something online, Phillips said, you probably paid something ...

A deceased person's final tax return must still be filed for all the income they made in the year prior to their passing, and ...

Here's why you need that form for the 2025 tax season and what to do if you haven't gotten yours yet. Macy Meyer is a North Carolina native who graduated from UNC-Chapel Hill with a BA in English ...

In this guide, Telegraph Money explains how you can set up a trust, what its used for, and how it may help you reduce inheritance tax liabilities ... It is the most simple form of trust, but ...

In 2023-24, around 40% of first-time buyers had some help raising a deposit, either in the form of a gift or loan from family or friends, or through an inheritance ... the most tax in the last ...