If it is applicable to you though, it is something that you really should plan for on behalf of your family. Put simply, inheritance tax is money owed to the […]
Today’s inheritance tax dates to 1894, when the British government first introduced estate duty, a levy on land’s capital value, to raise funds to pay off a government deficit of […]
Recent figures indicate that in the coming years, UK homeowners numbering in their thousands are likely to be faced with an Inheritance Tax (IHT) bill from Her Majesty’s Revenue and […]
Inheritance tax must be paid on your estate when a person dies, ultimately reducing how much of its value can be handed down to their beneficiaries. It can also be […]
According to new research, over one third of adults in Britain who plan to pass on their wealth to others possess no concrete plans.
A recent survey has revealed the potential risks for gift givers seeking to issue inheritance to loved ones prior to their death.
Inheritance Tax, often abbreviated as IHT, is a government levy on the estate of a person who has passes away. It encompasses all of their money, property and personal possessions. […]
On October 27, Chancellor of the Exchequer Rishi Sunak will deliver the next Budget. Experts anticipate the Treasury will target certain taxes to recoup outlay during the COVID-19 pandemic, and […]
New statistics released indicate that residents in the United Kingdom paid a record amount in inheritance tax (IHT) back in July this year, after the number of COVID-related deaths spiked […]
The latest data released by Her Majesty’s Revenue and Customs (HMRC) regarding the amount of inheritance tax (IHT) paid by UK residents for the tax year 2018 to 2019 indicates […]