As more people seek ways to reduce their tax liability after recent Budget changes, families are reminded of a gifting option ...

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.

Vacuum cleaner billionaire James Dyson has accused Rachel Reeves of "destroying" family businesses with her interitance tax raid on farmers. He slammed the Chancellor's "vindictiveness" for ...

Taper relief only applies if the total value of gifts given in the seven years is more than the £325,000 tax-free limit. For example: If someone survives three years after giving the gift, the tax ...

“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 ...

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 ...

It comes after lines of tractors took to streets across Northern Ireland as part of a UK-wide protest ... over £1 million, inheritance tax will apply with 50% relief, at an effective rate ...

Farmers are gathering at protests across the UK as they step up their campaign against government inheritance tax reforms - which they say would "decimate" the country's agricultural sector.

it would still raise revenue by recouping tax relief, and it would be simpler.” An HM Treasury spokesman said: “Inherited pensions will be subject to inheritance tax once and, if due ...