Tens of thousands of British expatriates could see their inheritance tax bills cut under government plans to reform the non-dom regime. As part of a swathe of reforms to the current tax rules, the ...
The UK government has set an unrealistic deadline for inheritance tax payments on unused pensions, posing a “huge problem” ...
In a welcome development, HMRC has changed both the proposed: Scope of the reforms: in particular, by excluding death-in-service benefits from an individual’s estate for IHT; and Process: by placing ...
John McArthur on the toing and froing of Government's Inheritance Tax policy ...
Peers have warned that government plans to bring unused pension pots into the scope of inheritance tax (IHT) from April 2027 could create significant delays, extra costs and legal risks for personal ...
The biggest inheritance tax advantages comes from a simple seven-year rule. According to the government, if the person ...
Inheritance tax receipts continue to rise, highlighting the growing impact of fiscal drag and recent policy changes on UK families and business owners.
With inheritance tax (IHT) thresholds frozen until at least 2028, more families are discovering that estate planning is no longer just a concern for the ultra-wealthy. Rising house prices and ...
HM Revenue and Customs (HMRC) recovered an additional £246million in unpaid inheritance tax during the last financial year as enforcement activity increased across the UK. The number of inheritance ...
This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of The ...
More households are being dragged into paying inheritance tax because of property price rises, new data reveals. Housing wealth now accounts for 47 per cent of the total wealth, on average, in estates ...