Thousands of grieving families face being charged near-record late payment interest fees on their inheritance tax bills because of probate delays. The number of probate cases taking over a year ...

CHANCELLOR Rachel Reeves has been accused of following a “classic Marxist playbook” amid fears bereaved families will face even higher bills on top of inheritance tax. The Government is hiking the ...

“An inheritance tax liability of £1m could amount to £ ... draconian measure considering the already high level of late payment interest that taxpayers are charged, currently 7.5pc.

The widow of the former Samsung Electronics chairman and her two daughters sold billions worth of shares to help pay off their inheritance tax, The Korea Times reported, citing industry sources.