With a background in financial journalism across national titles, Ruby loves helping people take control of their money and specialises in pensions, tax, banking and benefits. If you plan to pass on ...

Inheritance tax is a deeply unpopular levy charged on your estate when you die – but there are some tax-free allowances that can reduce what you owe up to a certain threshold. While the main allowance ...

More families are bracing for inheritance tax bills – often running into tens of thousands of pounds – with people in some parts of the country to be worse hit than others. A new report has ...

(Bloomberg) -- Rishi Sunak is considering cutting the UK’s unpopular inheritance tax ahead of the next general election, people familiar with the matter said, a move senior Conservatives think will ...

The seven-year rule, a key mechanism in the UK inheritance tax (IHT) system, is under scrutiny amid speculation that the Labour government may reform or extend it. Concerns among financial experts and ...

When someone passes away, and leaves their belongings to others, an inheritance tax may apply. In a nutshell, inheritance tax is typically paid by the heirs or beneficiaries who receive the assets, as ...

(Alliance News) - The UK government said Tuesday it will raise inheritance tax thresholds for farmers' estates from GBP1 million to GBP2.5 million, signalling a major climbdown of a policy that ...

The Government will raise the inheritance tax relief threshold for farmers from £1 million to £2.5 million in a climbdown following months of protest. The change to the reforms initially unveiled at ...

LONDON, June 14 (Reuters) - Private banks and advisers to Britain's super-rich say some clients may quit the country if Labour wins next month's general election and pushes ahead with plans to abolish ...

The UK government has announced a significant change to its proposed inheritance tax reforms affecting family farms, raising the threshold at which agricultural assets become liable for tax. The ...