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 ...
Can I move my properties into a trust with children aged 18+ as beneficiaries? Will the income from rental go to them?
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 ...
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 ...
The seven-year rule, a key mechanism in the UK inheritance tax (IHT ... part of their estate and may be taxed. A taper relief applies, reducing the tax burden on gifts made between three and ...
The main point of contention is Labour’s reform of agricultural property relief ... other UK farming unions, are calling on the Treasury to pause, re-think and properly consult due to the serious ...
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 ...