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

Dear Mike, Everyone in the farming community is up in arms about the inheritance raid by “Rachel From Accounts”, ...

Under the current scheme, you can give away as much money as you like, inheritance-tax free, as long as you live seven years ...

Strategic use of gifting disbursements before one's demise can help to ensure the maximum amount of bequests to one's heirs ...

Under the current laws, you need to pay 40% Inheritance Tax on your "estate" - so your property, money and possessions - that ...

The death of a senior member of a family business is a time of great sadness, but also a natural point at which to reflect on ...

A protest rally by north-east farmers last Saturday saw Conservative MP for Gordon and Buchan Harriet Cross and the SNP’s ...

An inheritance tax alert has been sounded as 153,000 households face the prospect of new or increased bills following a change in rules. The Labour Party's Budget announcement from last October is set ...

As the government seeks to raise an extra £2 billion through IHT increases, a crackdown by HMRC on underpayment is expected to escalate.

The tax authority will target three main areas where wealthy families are suspected of avoiding inheritance tax: undervalued ...