The ability of HMRC to deal with changes in inheritance tax have been questioned by an expert who has claimed the probate ...
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 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 ...
Some of Britain’s wealthiest families have been hit with inheritance tax bills worth over £9.2m, according to new figures. Almost 900 families paid more than £1m in death duties in 2021 to ...
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 ...
More farmers are seeking urgent advice after changes in the budget will bring unspent pensions and death benefits within the ...
The number of estates paying inheritance tax on gifts has soared from 590 in 2011-12 to 1,080 in 2021-22, according to figures obtained by the wealth manager, Quilter, in a Freedom of Information ...
Labour's Inheritance Tax raid will devastate family-run companies ... Last night Neil Davy, chief executive of Family Business UK which commissioned the research, said: ‘Just as we’ve seen ...
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 ...
The number of the UK's 210,000 farms that could be affected by the inheritance tax change is also disputed ... than £1m could be affected. Between 2021 and 2022, 117 farms with a value of ...
Families have donated a record £1.1bn to charities using rules that can reduce inheritance ... Reeves’s tax-raising Budget. More than half of donations made between 2021 and 2022 were worth ...