Inheritance tax (IHT) receipts are on course to be around 40% higher than three years ago following the first seven months of official data for the current tax year.
Over one in five (21%) of mass affluent Britons lack confidence that their inheritance planning is in order, according to a new survey.
Financial Planning fintech EV Financial Solutions has added inheritance tax functionality to its end-to-end Financial Planning solution EVPro.
The proportion of deaths subject to Inheritance Tax (IHT) could nearly double from 5.1% to 9.5% by the end of the decade after the Budget changes, Office of Budget Responsibility (OBR) figures appear to suggest.
A former Pensions Minister and retirement expert has attacked the government’s Budget day decision to include pensions and pension death benefits within estates for inheritance tax (IHT) purposes.
From April 2027 inherited pension pots will be subject to inheritance tax (IHT), Chancellor Rachel Reeves announced today in her Budget.
Inheritance tax (IHT) raised £736m for the Treasury in September, according to new figures released by HMRC today.
The Chancellor is planning to increase the amount of money the Treasury raises from inheritance tax (IHT) in its upcoming Budget, according to reports.
The removal of business relief from Alternative Investment Market (AIM) companies could have harsh consequences for both investors looking to avoid paying inheritance tax and many of the UK’s most popular funds, according to new research.
An increasing number of families are being caught out by unexpected inheritance tax bills on gifts made less than seven years before death.
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