Victoria Atkins says announcement to raise tax threshold from £1m to £2.5m days before Christmas ‘seems very odd’ ...
A growing number of couples are choosing to get married in retirement because of Rachel Reeves’s inheritance tax reforms.
Government proposals to tax inherited farmland have been watered down, with the planned threshold increasing from £1m to ...
Farmers currently do not pay inheritance tax on agricultural and business assets which they pass on. Under Labour’s initial ...
However, when you're gifting cash, you'll have to keep HMRC in the back of your mind as you could risk your family facing an ...
Cash is an easy and quick present to give over Christmas – and it could protect some of your estate from the taxman down the ...
Answer: Under current rules, unspent pensions can usually be inherited completely tax-free if someone dies before age 75, with an income tax charge at the beneficiary’s marginal rate applied if the ...
Christmas dinners can spark family feuds over fortunes, experts warn – here’s how to avoid the drama Advisers from the ...
Retirees across Britain are rushing to wed before Rachel Reeves's inheritance tax overhaul takes effect in April 2027, with ...
Once total realised gains go beyond £3,000, the excess is taxable. For shares and funds, gains above the allowance are taxed at 18 per cent if you are a basic rate taxpayer and 24 per cent if you are ...