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Family left with £20k IHT bill because of out-of-date tax advice
Frozen tax thresholds and dated guidance helped drag the estate into an inheritance tax liability despite extensive use of gifting to avoid a bill
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UK cities facing the biggest rise in IHT bills – is yours on the list?
The number of estates liable for inheritance tax is set to increase to more than 37,000 by 2027, according to new analysis, as a result of rule changes, rising property prices and frozen thresholds.
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Family faces £1 million inheritance tax bill over widespread issue with holiday lets
Many bereaved families with furnished holiday lets are unable to claim business property relief and have to pay inheritance tax, lawyers say.
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HMRC opens 1,000 more inheritance tax probes – what to do if it happens to you
Enquiries into inheritance tax owed have jumped by over a third in just one year, but there has been in a decrease in the proportion of investigations leading to higher bills
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What is the 67% inheritance tax trap on pensions – and can you avoid it?
Your loved ones could find themselves paying an effective tax rate of 67% once pensions are brought into the inheritance tax net from April 2027. The concern has sparked an increase in wealth transfer conversations with financial planners.
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The UK regions where family businesses will be hit hardest by inheritance tax changes
Job losses and cuts to investment plans are looming as inheritance tax changes due to come in next year affect firms and farms around the country
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Family must pay £176k inheritance tax bill due to common gifting error – how you can avoid it
Giving gifts can reduce inheritance tax liabilities, but it’s important to avoid falling foul of the rules
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IHT receipts rose by almost an extra £100m in April – and the bills are only going up
Latest official figures show families paid £97 million more in inheritance tax than a year ago, as frozen thresholds mean higher bills
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Average earners now face £200,000 inheritance tax bill - how much will your estate owe?
‘Double whammy’ of inheritance tax changes means even the estates of those earning the average UK wage could face bills, not just the very wealthy
