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.
Martin Haggart of Aegon advises a reader with a tax question relating to a Sipp and his children who live abroad.
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.
With careful planning, it’s possible to pay little or no tax when you come to retire. Jonathan Watts-Lay outlines three examples to show you how.
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.