Speculation is mounting that the government may charge inheritance tax on pensions and extend the seven-year gifting rule. So ...

If you find out someone left you a little something in their will, chances are you won’t need to pay an inheritance tax on it. There is no federal inheritance tax, and only five states have ...

HMRC collected £6.3 billion in inheritance tax during the first nine months of the tax year – £600 million more than the same ...

Labour's inheritance tax raid on pensions will hit 150,000 extra families with higher death duty bills by 2030, according to ...

Let us know: [email protected]. The inheritance tax seven-year rule is “under threat” in Rachel Reeves’s Spring Statement, wealth advisers have warned. Tax experts said they had seen an ...

HMRC believes wealthy taxpayers have underpaid up to £325million in Inheritance Tax (IHT), which experts warn means a crackdown is likely. According to data analysed by the accountancy group UHY ...

Households have the opportunity to reduce their inheritance tax (IHT) bills to zero by employing four legitimate strategies. According to recent data from HMRC and the new Labour Party government ...

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 ...

I know most states don’t have inheritance taxes, but since he won’t technically be inheriting it I wonder if there are any other tax implications for us or him. Answer: Whenever gift taxes are ...