Sir Keir Starmer's Labour government are considering a possible crackdown on "inheritance tax" which could decrease HMRC relief for parents who gift children money. Inheritance tax is paid on the ...

She's told the cabinet the £22bn "black hole inheritance" from the Tories needed to be filled ... there'll have to be more ...

Reeves may also target Business Relief and Agricultural Property Relief, which allows families to pass on businesses and ...

Chancellor Rachel Reeves is “rolling the pitch for some big tax rises” in the Budget, a top economist warned on Wednesday. Paul Johnson, director of the Institute for Fiscal Studies, believes the ...

My husband and I are both in our mid 70s, in good health and without any financially worries. Would taking our family on ...

The tax rate is 40 per cent, but it’s only charged on the part of the estate that’s above the threshold. In 2023/24, only 5 ...

The Real Estate and Housing Developers’ Association (Rehda) has today expressed concern over speculations that inheritance ...

So if your goal is to save on taxes or lower your beneficiaries' tax burden, a living trust generally won't help. All told, there are plenty of good reasons to consider using a living trust to pass on ...

A Treasury minister rebutted claims that capital gains tax could hit 39 per cent but did not rule out a rise in the Budget.

Most taxpayers ignore the federal estate tax, thinking they will never be touched by it. Unfortunately, you do this at your own peril. Why? Because states often have this tax and politicians have ...

After years of confusion and complaints, the IRS finalized new rules for inherited IRAs. They’re scheduled to go into effect ...

Demos said these changes would support the government's objective of lowering the tax burden on working people while also making the system "more progressive".