Tag: inheritance tax news
‘Little-known and underused’ inheritance tax rule offers ‘powerful’ way to slash bill
Only 430 families claimed this inheritance tax exemption in a previous tax year, data shows. …
Grieving families hit by surge in Inheritance Tax probes
The tax authority has launched nearly 10,000 IHT probes in just three years …
Tax dash as families scramble to save ‘thousands’ thanks to Donald Trump chaos
Inheritance tax bites at 40% on estates worth over £325,000 …
Rachel Reeves’ death tax raid on pension pots could raise more than predicted
Across the country, pensioners are pulling money out of their retirement pots earlier than planned – not to pass on to their children, but to spend. …
Rachel Reeves ‘death tax’ raid sparks fears of ‘looming disaster’ from experts
From April 2027, unused pensions could be hit with IHT under controversial new proposals …
Labour update on plans to increase inheritance tax in Spring Statement
Reform UK MP Lee Anderson has grilled Labour about their plans …
Rachel Reeves pressure builds as expert warns taxpayers after death tax receipts surge
Self-imposed limits on how Rachel Reeves can boost the Treasury’s coffers mean Inheritance Tax is one of the few ways she can ‘wriggle out’ of her ‘fiscal strait-jacket’, an expert says. …
Inheritance tax receipts hit near-record £7billion – three ‘effective’ ways to cut bill
Inheritance tax receipts are forecast to rise significantly year-on-year, but there are some “effective” ways to reduce the burden. …
HMRC warning to people who have gifted loved ones money in past seven years
More families are being dragged into the inheritance tax net year-on-year. …
Inheritance tax warning to 153,000 Brits with ‘modest’ assets who may face ‘new liability’
Inheritance tax bills are estimated to rise by thousands of pounds if the rule change comes into effect. …
