Inheritance tax (IHT) receipts have soared to £7billion between April 2024 and January 2025, according to the latest figures ...
Financial services company Fidelity International says it is possible to save up to £18,800 with some clever tax-planning ...
Generous Brits wanting to gift money and belongings to loved ones before they die have been urged to familiarise themselves ...
The government clarifies: "Any Inheritance Tax due on gifts is typically paid by the estate, unless you give away more than ...
Inheritance tax receipts are on the rise and experts have warned that gifting money to loved ones could have implications for ...
The tax office is on track for a record year as inheritance tax receipts totalled £6.3 billion in the eight months to ...
The firm explains: “As a child will rarely have earnings, you can usually only pay up to £2,880 into a child’s pension for the 2024/25 tax year. When you factor in the 20% in tax relief from the ...
Amidst government intransigence over Chancellor Rachel Reeves’ budget proposals regarding new Inheritance Tax rulings for ...
According to official data from the Office for Budget Responsibility (OBR), 153,000 estates will be subject to the tax once Labour's new rules ... Inheritance Tax liability. In the 2027/28 tax ...
An inheritance tax alert has been sounded as 153,000 households face the prospect of new or increased bills following a change in rules. The Labour Party's Budget ... to this levy from the 2027-28 ...
With a seven-year CD, you lock up your funds for quite a while, but you also lock in a guaranteed interest rate for seven years. The best seven-year CDs can help you earn high yields for years to ...