Does your credit card cover you when you travel? Is an expensive policy always better? Here are the travel insurance misperceptions that could derail your next vacation. Helsinki aspires to be the ...
Britain’s inheritance tax rules are complex, however, and there are various traps that could mean your gift is caught by the tax. The number of estates which attract the 40pc tax charge to rise ...
Often called Britain’s most hated charge, many taxpayers are keen find ways to avoid inheritance tax. Until recently it was only the very wealthy who had to pay it, but increasing numbers of ...
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 ...
The chancellor said she will close the “loophole” around inherited pensions by bringing them under the inheritance tax (IHT) regime from April 2027. The move was branded a "big change" by money saving ...
The chancellor stated that she sought to adopt "a balanced approach" in the reform of inheritance tax. Here is what we know about the changes. Inheritance tax is paid out of a person’s estate ...
Most estates don't get hit by inheritance tax but it still manages to be regularly dubbed Britain's most hated tax. It is charged at 40 per cent on assets above the inheritance tax threshold when ...
From April 2027, unspent personal pensions will also be in scope of inheritance tax – this could mean some families pay far more in tax than today. The final box is for your donation to charity ...
Your support makes all the difference. Chancellor Rachel Reeves has confirmed changes to inheritance tax (IHT) at the Budget as part of her tax rise package which aimed to raise £40bn.
Everyone in the 2024-25 tax year has a tax-free inheritance tax allowance of £325,000 - known as the nil-rate band. The allowance has remained the same since 2010-11. The standard inheritance tax rate ...
It has long been known as the UK’s “most hated” levy. So news that the Chancellor is set to increase inheritance tax will have no doubt gone down badly with families across the country this ...
Add articles to your saved list and come back to them any time. A Sydney court case over a will including multimillion-dollar properties in the harbourside suburb of Balmain has shone a spotlight ...