The warning comes as more and more UK households are caught in the HMRC inheritance tax net after rate changes from the ...
Inheritance tax receipts are on the rise and experts have warned that gifting money to loved ones could have implications for ...
Warnings have been issued to people who have gifted money to loved ones over the past seven years. HMRC is on track for a ...
Rachel Reeves has directly dismissed speculation that the government would scrap the inheritance tax seven-year rule.
Chancellor Rachel Reeves is being urged to abolish the £175,000 residence nil-rate band in the Budget and other changes are ...
Furthermore, from 2027 the inclusion of unused pension pots and death benefits in estate calculations together with this ...
The food production sector has united to press the government to reconsider proposed inheritance tax (IHT) changes outlined in the autumn budget. A total of 57 businesses spanning the food supply ...
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.
is “marching the UK into a food crisis”. Below, we look at why exactly the farmers are on strike. Previously, farming businesses qualified for 100 per cent relief on inheritance tax on ...
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 ...
“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 ...
Britons who have gifted money to family members in the past seven years have been warned they could face an inheritance tax ...