Tag: Inheritance tax
Labour to hit families with tax raid on pensions pots of deceased loved ones
HMRC has confirmed that death duties of up to 40% will apply to unspent private pension pots …
HMRC catches out almost 1,200 more families in inheritance tax crackdown
The tax office has “substantial powers” when investigating people’s estates. …
Inheritance move thousands of wealthy families are making to cut tax rate by 4%
More than half of wealthy parents have taken this step to reduce inheritance tax liabilities for their loved ones. …
HMRC time limit explained as ‘you may not realise’ you have to pay this tax
You can reduce your tax bill if you plan ahead …
Rachel Reeves thinks tax hikes will fix her £51bn black hole – here’s why they won’t
Rachel Reeves needs to find £51billion fast. It won’t be easy. …
Reeves horror as retirees pull billions out of pension pots over tax raid
A total of 672,000 pensioners took a record £5bn out of their retirement pots in the first three months of this year, figures show. …
HMRC warning as people trying to avoid tax could ‘unknowingly’ end up paying 40% levy
More and more people are becoming liable for the tax …
Warning families face new Rachel Reeves ‘death tax bombshell’ that is ‘tip of the iceberg’
Figures show the Treasury raked in £7.5billion from inheritance tax in the most recent financial year …
UK homes take action ‘not seen for two years’ amid Rachel Reeves tax rise fears
More people are saving amid serious worries about potential tax rises looming …
Brits saving more amid fears over new Rachel Reeves tax hikes
Rachel Reeves, has pledged “iron discipline” over public finances and warned there is “no magic money tree”. …
