Inheritance tax receipts are on course to hit another record high in the 2018-19 tax year, but there’s an estimated £600 million gap between tax owed and tax paid.
Parents who invest savings wisely can ease the strain on young adults. Sam Barrett outlines the various options.
Average rates are rising across the board for first time in seven years
UK wages are rising at their fastest level for nearly a decade and record numbers of people have a job, Office for National Statistics (ONS) figures show.
House price growth picked up last month, but the market remains subdued as an uncertain economy and the squeeze on household budgets continue to dampen demand.