Inheritance Tax
The latest news, updates and opinions on Inheritance Tax from the expert team here at MoneyWeek
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Will chancellor Rachel Reeves reverse non-dom inheritance tax changes?The end of the non-dom tax regime is already causing a UK wealth exodus, data suggests, but chancellor Rachel Reeves may make changes to soften the blow of reforms
By Marc Shoffman Published
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Paying the grandkids’ school fees could generate a shock IHT billPrivate school fees have soared as a result of the government’s VAT policy, meaning more grandparents are helping out – but what are the tax implications?
By Katie Williams Published
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Family left with £20k IHT bill because of out-of-date tax adviceFrozen tax thresholds and dated guidance helped drag the estate into an inheritance tax liability despite extensive use of gifting to avoid a bill
By Laura Miller Published
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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.
By Laura Miller Published
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Family faces £1 million inheritance tax bill over widespread issue with holiday letsMany bereaved families with furnished holiday lets are unable to claim business property relief and have to pay inheritance tax, lawyers say.
By Laura Miller Published
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HMRC opens 1,000 more inheritance tax probes – what to do if it happens to youEnquiries 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
By Laura Miller Published
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The UK regions where family businesses will be hit hardest by inheritance tax changesJob 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
By Laura Miller Published
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Family must pay £176k inheritance tax bill due to common gifting error – how you can avoid itGiving gifts can reduce inheritance tax liabilities, but it’s important to avoid falling foul of the rules
By Laura Miller Published
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IHT receipts rose by almost an extra £100m in April – and the bills are only going upLatest official figures show families paid £97 million more in inheritance tax than a year ago, as frozen thresholds mean higher bills
By Laura Miller Published
