Bereaved families face higher inheritance tax bills as thresholds are now frozen until 2031 ⊖
The Office for Budget Responsibility estimates that the proportion of estates paying IHT will double to 10% by 2030.
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IHT
since
auto-detected in 8 stories
10 days ago
11 days ago
Save our family firms: Businesses bemoan 'minor tweak' that doubles IHT allowance to £2m for married couples but 'doesn't go far enough' ⊕
Businesses have bemoaned a 'minor tweak' to inheritance tax relief - doubling married couples' allowance to £2m - saying the change 'doesn't go nearly far enough'.
48 days ago
Inheritance tax receipts on track to reach record high this year as frozen thresholds drag more people into the net
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a story from The Daily Mail 💩 › The Daily Mail
IHT is expected to deliver the Treasury a record £9.1bn this tax year, the Office for Budget Responsibility forecast earlier this year.
56 days ago
Nigel Farage vows no tax cuts before public spending is curbed by a Reform government as he 'ditches election manifesto' on the economy ⊖
In its 2024 election manifesto Reform unveiled plans for its first 100 days that included cuts to stamp duty, fuel duty and energy taxes, the abolition of IHT and changes to income tax thresholds.
8 months ago
Countdown to Rachel Reeves' April Fools tax bomb! Brits face fallout from hikes in council tax, NICs, IHT, vehicle duty and energy bills ... and maybe Trump tariffs to come
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a story from The Daily Mail 💩 › The Daily Mail
Council tax and energy bills are set to go up from April 1, adding to the cost of running a home, even before Rachel Reeves gave her Spring Statement.
9 months ago
Advisers urge wealthy Britons to consider life assurance to reduce IHT
Experts expect the arrangement to increase in popularity as ministers expand the scope of inheritance tax
10 months ago
Applying UK inheritance tax to pensions ‘risks delays and higher costs’
Advisers call for rethink of how Treasury imposes planned extension of IHT to retirement funds
Is Rachel Reeves plotting ANOTHER cash raid on farmers? Chancellor warned against taking money from flood defences and nature after IHT hit as she reins in public spending
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a story from The Daily Mail 💩 › The Daily Mail
But fears have been raised that she could hit farmers again this year by making cuts to the Environment Land Management (Elm) scheme.
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