Inheritance tax receipts are on the rise and experts have warned that gifting money to loved ones could have implications for ...

The tax office is on track for a record year as inheritance tax receipts totalled £6.3 billion in the eight months to December 2024 - up from £5.7 billion in the same period the year before ...

Labour politicians have largely resisted changes to inheritance tax (IHT) relief since the Autumn Budget, but on 10 February, several MPs voiced concerns ...

Britons who have gifted money to family members in the past seven years have been warned they could face an inheritance tax ...

Warnings have been issued to people who have gifted money to loved ones over the past seven years. HMRC is on track for a record year, with inheritance tax receipts reaching £6.3 billion in the eight ...

Furthermore, from 2027 the inclusion of unused pension pots and death benefits in estate calculations together with this ...

Many farmers are investigating life insurance in the light of the cut in inheritance tax (IHT) relief which is due to take ...

Chancellor Rachel Reeves is being urged to abolish the £175,000 residence nil-rate band in the Budget and other changes are ...

Rachel Reeves has directly dismissed speculation that the government would scrap the inheritance tax seven-year rule.

Inheritance tax (IHT) advice is a key part of legal practice for some solicitors because of its relevance to wills, probate and trust advice. It’s gone through several changes since it was introduced ...

Under current rules, gifts made to family members are completely free from inheritance tax if the donor lives for seven years after making them. However, if the donor dies within three years, the gift ...

“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 ...