Tag: inheritance tax news
Tax experts warn 75k farmers to be hit by Reeves’s raid as doubts cast on Labour’s figures
Chancellor Rachel Reeves said just 500 farms a year would be affected by inheritance tax changes. …
Inheritance tax update as Labour responds to 130,000-strong petition
Ministers have defended the decision to hike inheritance tax on farming estates, claiming the current system is “not fair” …
Rachel Reeves reeling as experts warn dreaded farming tax raids should be delayed
Lifetime gift rules could be revised to give farmers the same opportunity to avoid inheritance as owners of other assets, the IFS has said. …
Death tax warning as UK households warned ‘give money away’ to avoid new tax rule
Experts have suggested that Brits should look into giving away their money early if they want to avoid losing out …
Farmers fearing Inheritance Tax rises can ‘act now’ to protect their legacy
A tax expert shared several ways farmers could spare their loved ones from inheritance tax liabilities if Rachel Reeves’s changes come into effect. …
Pensioners urged how to avoid new inheritance tax with loophole
Budget changes mean thousands more estates are set to become liable for inheritance tax. …
Inheritance tax warning issued to 40 million Britons lacking one ‘vital’ document
Nearly a fifth of Britons controversially believe they don’t need one. …
Fears of second ‘death tax’ blow for the bereaved
The Chancellor has announced a decision to end an inheritance tax exemption for pension pots passed on if an individual dies before the age of 75 …
Pensioners rush to rewrite wills as panic erupts over Rachel Reeves inheritance tax grab
People worried about Rachel Reeves’ tax on pensions have been making enquiries with law firms to change their wills. …
HMRC explains tax-free rule as there’s ‘no limit’ to amount
A taxpayer got in touch with HMRC to ask if they would have to fill in a tax return. …
