Tag: HMRC
Inheritance tax rate and gifting rules explained as Rachel Reeves considers raid
Rachel Reeves may be plotting another inheritance tax raid for this year’s Autumn Budget. What are the rules now, and what could change? …
HMRC refunds worth £3800 issued to older Brits
HMRC has repaid £48.7million in overpaid tax between April 1 and June 30, with an average payment of £3,815 …
Labour to hit families with tax raid on pensions pots of deceased loved ones
HMRC has confirmed that death duties of up to 40% will apply to unspent private pension pots …
HMRC tax shock alert as millions to be hit by ‘surprise’ bill
The taxman is set to target a host of new people this year who might have no clue they are about to be hit with a levy. …
DWP and HMRC making major change to 10 benefits – full list
A number of changes will be made to benefits individuals and families receive in the coming days. …
Top 45% tax rate now hitting Middle Britain
HMRC figures show that 1.2million people will pay the additional rate this year …
HMRC issues 12 month tax warning set to impact 700,000 ordinary Brits
Four in five accountants view the tax change as the biggest challenge of the year ahead. …
HMRC catches out almost 1,200 more families in inheritance tax crackdown
The tax office has “substantial powers” when investigating people’s estates. …
Inheritance move thousands of wealthy families are making to cut tax rate by 4%
More than half of wealthy parents have taken this step to reduce inheritance tax liabilities for their loved ones. …
HMRC time limit explained as ‘you may not realise’ you have to pay this tax
You can reduce your tax bill if you plan ahead …
