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.
The Office for Tax Simplification (OTS) has called on HMRC to reduce or remove the requirement to submit inheritance tax forms for smaller or si
As part of Talk Money Week, we run through five less well-known tax tricks that are underutilised.
Those aged 55 to 64 are most likely to receive the largest inheritances, figures reveal.
We round up predictions for the plans chancellor Philip Hammond may make for his Autumn Budget on October 29.
Inheritance tax (IHT) receipts are expected to reach another record high for the 2018-19 tax year, putting pressure on chancellor Philip Hammond to reform the system.
A total of £227 billion has been gifted, at an average of £32,920, in a bid to save on inheritance tax, according to research.
Discretionary trusts offer flexibility in estate planning, but they don’t come particularly cheap. Could you set one up without professional help?
Freedom of information request reveals thousands are not taking advantage of residence nil rate band allowance