Rachel Reeves has directly dismissed speculation that the government would scrap the inheritance tax seven-year rule.
Wealthy Britons are rushing to gift money to family members amid growing fears that Labour's Rachel Reeves could tighten ...
HMRC collected £6.3 billion in inheritance tax during the first nine months of the tax year – £600 million more than the same ...
Chancellor Rachel Reeves is being urged to abolish the £175,000 residence nil-rate band in the Budget and other changes are ...
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 ...
From April 2026: there will be a £1million cap applied to the value of assets against which 100 per cent agricultural and business property relief from inheritance tax ... Can I gift the house ...
Grieving families will pay billions more in inheritance tax over the ... incurring a bill. Gifts made over your nil-rate band of £325,000 benefit could benefit from taper relief.
more than 10% of the estate is left to charity or taper relief on previous gifts apply. If you’d like to see how much Inheritance Tax you might pay on your estate, you can use our IHT calculator.
Sharing his expertise, Terry Fisher of We Buy Any Home said: "If Gatcombe Park is valued at £6million, inheritance tax (IHT ... business relief. Should the late Queen's daughter gift the property ...