Inheritance tax receipts have soared to £5 billion in the seven months from April to October 2024, according to HMRC ...
The Government said it wants to continue to offer tax incentives for people saving into pensions, such as tax relief on ...
UK households are moving to use the loophole in a bid to cut their bill ahead of Labour Party Chancellor Rachel Reeves's ...
Families in Yorkshire are being urged to take action to safeguard their financial future ahead of upcoming changes to ...
Waking up excited to talk about taxes isn’t a thing, and that’s common knowledge. But, if you’re an expat, understanding tax ...
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 ...
I live with my twin brother. We both are single and have never married, and own 50 per cent of the house each, with the mortgage having been paid off. We turned 57 years old in October 2024, and ...
Financial advisers are seeing an increase in the number of families looking to take a form of life insurance that can help pay for some or all of an inheritance tax bill. Some had already noticed ...
However, based on the current value of the estate and the amount going to charity, there should be no inheritance tax unless there ... and how much they know about the value of her uncle's estate.
HMRC believes wealthy taxpayers have underpaid up to £325million in Inheritance Tax (IHT), which experts ... when in fact the gift was given much more recently and therefore should be subject ...
Tax Tips: our reader has a hefty sum looming since his assets are worth over £2m Everyone in the farming community is up in arms about the inheritance raid by “Rachel From Accounts”, but just ...
Hundreds of UK farmers with tractors blocked streets ... some farms would no longer be exempt from inheritance tax, a long-standing measure designed to facilitate the family handover of farms.