Tag: inheritance tax news
Growing tax timebomb for middle Britain as house prices rise
Analysis suggests the typical UK home will be worth more than the current inheritance tax threshold of £325,000 by 2035 …
‘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. …
