Tag: Estate planning
Brits face ‘double tax’ and 6-month deadline under new pension rules
Beneficiaries will have to decide whether to instruct pension providers to pay a proportional share of the overall IHT bill from the pension itself or cover the full liability from other assets. …
New HMRC inheritance rules as major pension change confirmed
Brits are being urged to plan ahead to make sure they don’t get caught out by new tax rules. …
Rachel Reeves inheritance tax change leaves families ‘exposed’
An upcoming change to inheritance tax could leave families across the country ‘exposed’ as Rachel Reeves confirms a major overhaul …
HMRC ‘could target’ rules for those who gift family members money
The Chancellor is reportedly considering changes to certain exemptions. …
HMRC catches out almost 1,200 more families in inheritance tax crackdown
The tax office has “substantial powers” when investigating people’s estates. …
Thought you’d escaped inheritance tax? HMRC may take a second bite
Thousands of families who thought they’d escaped an inheritance tax bill have had to think again. …
Rachel Reeves claws back £2.2bn in just three months from Britain’s ‘most hated tax’
Inheritance tax receipts have been rising over the last two decades. …
Little-known inheritance tax rule to slash overall tax rate by 4%
EXCLUSIVE: The rule can also help reduce total taxable estates, which could wipe inheritance tax bills altogether. …
‘I’m an inheritance tax expert – missing this one step can be significant and expensive’
EXCLUSIVE: More than 50% of adults could be at risk of making this mistake, research shows. …
Martin Lewis says ‘don’t worry’ about Inheritance Tax as ‘you’re not wealthy enough’
Money expert Martin Lewis reassured his ITV viewers that Inheritance Tax is not likely to affect you, and if it is, there are ways to avoid it. …
