Labour’s mask slips – prepare for huge pension and inheritance tax raid if it takes power
People have been so busy moaning about Chancellor Jeremy Hunt’s repeated tax raids that we’d forgotten what the Labour Party might do if it wins power. Now we know and it’s not pretty. Daily Express More...
Inheritance tax warning after family left with unexpected £50,000 bill
A woman in her 70s was hit with a surprise inheritance tax bill as her aunt’s will did not clearly state how her assets should be distributed. Daily Express :: Finance Feed More...
‘Pass on as much as you wish’: The inheritance tax gifting tool that ‘nobody knows exists’
As inheritance tax bills relentlessly rise families are on the hunt for ways to reduce their exposure but many could be missing a trick. Daily Express :: Finance Feed More...
Inheritance tax reform may be in pipeline but there are simple ways to cut bill right now
Inheritance tax is a hefty 40 percent tax that applies to any total assets a person inherits over the value of £325,000 from a single person, or £650,000 from a couple. Daily Express :: Finance Feed More...
‘Not just for the rich’: This gifting option could slash your inheritance tax bill, too
Inheritance tax poses a bigger threat to our wealth than ever but families may be able to do more to beat off HMRC’s tax grab than they think. Daily Express :: Finance Feed More...
Inheritance tax: Britons warned of ‘strict rules’ when leaving property to your children
In the UK, Britons can legally gift their house to reduce their bill, however there are several tax consequences and potential risks in doing so. Daily Express :: Finance Feed More...
Pensions death tax threat – plot to charge £1.9bn inheritance tax on your retirement pot
Britons can pass their unused pension pots to loved ones free of inheritance tax under currenet rules, but this tax break could be next to go. Daily Express :: Finance Feed More...
‘Pensions death tax’ warning – Hunt threat to ‘pull rug from under your inheritance’
Chancellor Jeremy Hunt is lining up a tax raid on our pensions in his autumn statement this Thursday and now a new threat has appeared. Daily Express :: Finance Feed More...
Inheritance tax to ‘pile up’ for Britons with ‘moderate wealth’ – avoid 40% hit
Inheritance tax receipts have soared for the tax man, as more people are dragged into the net of the levy. Daily Express :: Finance Feed More...
Inheritance tax: The ‘perfectly legitimate’ ways you can reduce your bill down to zero
Inheritance tax is a tax paid on an estate of someone who has died and the estate of a person usually includes things such as property, money and possessions. Daily Express :: Finance Feed More...