Tag: inheritance tax news
Thousands of grieving families fined up to £3,000 by HMRC for inheritance tax delays
Growing numbers of taxpayers are being stung by the levy as rocketing house prices drive up the value of estates …
Wealthy families rush to give away fortunes to avoid inheritance tax raid this autumn
Tax experts say they are seeing a rush for advice from people who want to preserve and pass on the money they have made from property and other assets …
‘Game-changing’ way to legally avoid Inheritance Tax and cut bill instantly
EXCLUSIVE: People can legally reduce the typical 40 percent tax rate on inheritance by four percent, an expert has said. …
Inheritance tax warning as rise in Brits being caught off guard by nasty ‘surprise’
As many as 5.1 million people in the UK were kept in the dark about their inheritance over the past five years, leaving them vulnerable to potential “unexpected costs”. …
Inheritance Tax blow for bereaved as number facing big bill over cash gifts rises
The Chancellor Rachel Reeves is understood to be planning major changes to what has been described as Britain’s most hated tax in her October budget …
Treasury rakes in billions in inheritance tax with grieving families paying £749m in July
Analysts speculate inheritance tax takings may rise even higher after Chancellor Rachel Reeves’ Autumn Statement. …
Death tax bills set to surge with Budget raid taking thousands from the bereaved
The total raised from what has become known as Britain’s most hated tax in the three months rose 9 percent to £2.8 billion. …