With inheritance tax (IHT) bills rising fast, giving financial gifts to your loved ones early could be a great way to reduce your inheritance tax bill. Last tax year, IHT revenues hit a record ...

HMRC expects to rake in £110 million a year from upcoming inheritance tax changes on AIM shares. The tax relief will be cut ...

With several years of the freeze remaining, an increasing number of families will find themselves needing to pay often hefty IHT bills. While the IHT-free thresholds have been fro ...

・Impact on lower ranks: For example, a Lance Corporal with a salary of £32,000 would have previously provided a compensation ...

Inheritance tax receipts reached another record high in the last tax year, as frozen thresholds dragged more people into the net. The latest HMRC figures show IHT receipts from April 2024 to M ...

Parents who pass down a large asset, such as a property, to younger relatives are being warned that even if they survive past the crucial seven-year inheritance tax (IHT) exemption period ...

UK households face Inheritance Tax changes next month that could affect thousands. Probate specialist Josh White from Level Group has explained four significant upcoming changes to IHT expected to ...

Inheritance tax receipts for April 2024 to March 2025 hit £8.2bn, a £0.8bn rise from the same period last year. Data from HMRC, released today (April 23), revealed IHT receipts continue to soar ...