Inheritance Tax
The latest news, updates and opinions on Inheritance Tax from the expert team here at MoneyWeek
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What is inheritance tax (IHT)?
What is inheritance tax (IHT) and why are more families falling into the tax trap? What is IHT and who has to pay it?
By Sam Walker Last updated
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Rush to take pension lump sum early hits five year high over inheritance tax fears
Thousands more 55 year olds took billions more from their pensions as soon as they could last year before the retirement pots become subject to inheritance tax from next April. We look at what to consider if you are cashing in.
By Laura Miller Published
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Government refuses to give families more time to pay inheritance tax on pensions
Calls to double the amount of time families have to pay inheritance tax when pensions are included from next April have been rejected by the government
By Laura Miller Last updated
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Should you take out life insurance to avoid inheritance tax?
People are taking out life insurance to avoid inheritance tax bills in the future. Does that make sense?
By David Prosser Published
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How you could cut your inheritance tax bill by £37,000
Regular gifting can reduce your inheritance tax bill by tens of thousands of pounds, new calculations show. We explain how the rules work.
By Ruth Emery Last updated
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Three simple inheritance tax mistakes could cost your family £100,000s – are you missing out?
About 3,700 more deaths resulted in inheritance tax in 2022-2023, according to the latest data from HMRC. But some families are paying more IHT than they need to because they are not taking advantage of valuable loopholes. We explain how.
By Laura Miller Last updated
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The UK regions with the highest proportion of homes above the inheritance tax threshold
High house prices are pushing more families into the inheritance tax trap across the country
By Marc Shoffman Published
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Pensioners ‘running down larger pots’ to avoid inheritance tax as rule change looms
Changes to inheritance tax (IHT) rules for unused pension pots from April 2027 could trigger an ‘exodus of large defined contribution pension pots’, as retirees spend their savings rather than leave their loved ones with an IHT bill.
By Laura Miller Published
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Do you face ‘double whammy’ inheritance tax blow? How to lessen the impact
Frozen tax thresholds and pensions falling within the scope of inheritance tax will drag thousands more estates into losing their residence nil-rate band, analysis suggests
By Sam Walker Published
