Tag: Inheritance tax
State pensioners set to lose £13,920 from Wednesday after Labour Budget changes
Labour has warned of a “painful” budget coming this autumn which could see taxes increased for people of all ages and pensioners won’t escape the pain. …
All the tax rises that could be announced in Labour’s first Budget this week
As the Chancellor Rachel Reeves is set to announce the first Budget of the new government, here are some potential tax changes we could see …
Warning over state pension Inheritance Tax age limit change for people born in these years
A warning has been issued over a potential change for state pension Inheritance Tax age limits for people born in these years. …
Brits warned to act ‘carefully’ ahead of predicted Inheritance Tax change in budget
Families are being urged to act now on inheritance tax before “painful” budget announcement as Chancellor Rachel Reeves is expected to review Inheritance Tax …
People urged to leave £1 to relatives in their will thanks to Inheritance rule
People are being urged to leave £1 to their relatives in their will. …
Couples may be hit by ‘inheritance tax raid’ in Autumn Budget
Currently, people can transfer unlimited assets between them without paying inheritance tax under the so-called ‘spousal exemption’. …
Brits have weeks to pass on these assets to avoid expected tax budget raid
Polling suggests the majority of Britons put protecting and improving public services, such as the NHS, ahead of concerns about increases in taxes …
Now Rachel Reeves will tax your pension twice in new Budget inheritance grab
It seems that taxing our pensions once isn’t enough for Labour chancellor Rachael Reeves. Under new Budget proposals, she’ll tax them twice. …
£400 million surge in Inheritance Tax take as Chancellor eyes further raid
The 10 percent rise was a welcome boost to government coffers amid concerns about a black hole in the nation’s finances …
Radical Inheritance Tax change proposed as Labour ‘plans Budget raid’
The UK is expected to see £5.5 trillion in assets passed down between generations between now and 2050, including £1 trillion in the 2020s …