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Unspent pensions will become subject to inheritance tax of up to 40pc from April 2027. Chancellor Rachel Reeves announced the ...
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 ...
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 ...
Simply sign up to the UK tax myFT Digest -- delivered directly to your inbox. Fewer farmers will start paying inheritance tax from April after UK ministers were forced into a £130mn climbdown by a ...
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 ...