The ability of HMRC to deal with changes in inheritance tax have been questioned by an expert who has claimed the probate ...
Plans to make pensions liable for inheritance tax from spring 2027 is likely to lengthen delays to getting probate, say ...
The numbers have been crunched and the stats are in – the taxman enjoyed another increase in inheritance tax payments in 2021/22 as more people are landed with a IHT bill. As the chancellor ...
UK households have used a long-standing gifting rule to escape inheritance tax previously - but the IHT ... soared from 590 in 2011-12 to 1,080 in 2021-22, according to figures obtained by the ...
Family-run construction firms are warning that planned changes to inheritance tax will have a ‘seismic’ impact on their ...
The family home is likely to be one of your most valuable assets. This begs the question: 'Can I gift it to my children now?
The decision to extend inheritance tax to private pension pots, farms and family businesses in the Budget means the number of estates affected by the death tax is set to rise from one in 20 to one ...
A tax clampdown on so-called non-doms – a group of wealthy foreigners living in the UK – is set to see a wave of departures from the UK within five months. Tax advisers and lawyers say there ...
More farmers are seeking urgent advice after changes in the budget will bring unspent pensions and death benefits within the ...
More than 144,000 deaths involving Covid-19 have occurred in the UK since the ... 2019-20 to £6bn in 2021-22, before falling to £5.8bn the following year. The rise in inheritance tax receipts ...
It is predicted that by 2030, the number of families facing an inheritance bill will double to one in 10. This warning comes as it was revealed that government income from what is often referred to as ...