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Claiming An IHT Refund As House Prices Fall

London house prices have dropped so much in value over the past year that anyone who has inherited a property may be due an...

IHT Is Too Complicated, Say Tax Gurus

Tax experts are recommending ministers to take action to simplify inheritance tax rules. The Office of Tax Simplification, an independent government agency looking at how...

Family At War Over Who Inherits £300,000 Home

A family is at war over a £300,000 legal battle in a bid to win the home of their parents who tragically died from...

What Is A Trust And Do You Need One?

Solicitors often talk about leaving property or money in trust for your loved ones when you die, but what does this mean and should...

Parents’ Spare Cash Can Boost Their Children’s Pensions

Wealthy parents with cash to spare can boost the retirement prospects of their children by paying into their pensions. Current pension rules do not stop...

IHT Pension Tax Case Goes To Supreme Court

A long-running court battle over how inheritance tax rules apply to pension transfers will now be decided in the Supreme Court. HM Revenue & Customs...

Grieving Families Pay Record £5.6 Billion Inheritance Tax

Families have paid a record £5.6 billion inheritance tax despite the government increasing tax breaks. In the 2018-19 tax year, the IHT tax take increased...

Talking About Your Death Is The Last Taboo

Millions of people who have drafted a will refuse to talk about the details with their loved ones, according to new research. While document is...

What Tax Do You Pay If You Inherit Property?

Tax can be confusing, which is why so many people worry about tax they might have to pay on gifts left to them by...

Inheritance Tax Jargon explained

Inheritance tax is ensnaring more people than ever due to ever increasing house prices. The tax man has revealed record IHT takings in the year...

Rich Should Pay More Taxes, Urges Think-Tank

The rich are not paying enough tax and the government should raise wealth taxes and scrap saving subsidies, argues a leading think-tank. Chancellor of the...

Gifts Gone Wrong Raise Millions For Tax Man

You would think giving stuff away is easy - but if you want to gift your home to loved ones, the tax man will...

Taxman To Tackle Wealthy Families With Trusts

Wealthy taxpayers who rely on trusts to avoid paying tax on their fortunes could come under attack from HM Revenue & Customs. The tax authority...

Shock Family Tax Bills For Ill Expats Gifting Unspent Pensions

Families of expats trapped in the UK’s wealth tax net could face a shock bill following a controversial court case. The Court of Appeal sided...

One In Four Families Checked For IHT Dodges

Tax investigators are targeting a quarter of bereaved families who they suspect of understating inheritance tax. HM Revenue & Customs has increased the number of...

No Tax Like Inheritance Tax

There is no tax like Inheritance Tax. It arouses animosity in many people, especially when it has ensnared many families in its ever expanding...

Experts Want To Know What Families Think About Paying IHT

Experts charged with overhauling the rules over how inheritance tax is charged have issued a plea for help. They want families and professionals who have...

Tax Year Change Heralds New IHT Wealth Limits For Families

Inheritance tax changes heralded in by the changing tax year mean you can pass on at least an extra £25,000 of your wealth tax-free...

Only A Third Of Over 55s Planning For IHT

Only one in three over 55s approaching retirement who take advice from an IFA have considered inheritance planning, according to research. The findings suggest not...

Most People Have No Idea How Much IHT Their Estate Pays

Most people have no idea how inheritance tax will impact on the wealth they expect to leave for their families and loved ones. Only three...