IHT escapes reform as UK revamps CGT system
Government ‘foolish’ to change inheritance tax which is set to raise £6bn in 2021-22
Government ‘foolish’ to change inheritance tax which is set to raise £6bn in 2021-22
‘Complexity of the IHT regime means it’s very easy to make mistakes’
‘More estates are being dragged above the tax-free inheritance threshold of £325,000’
Sunak’s third statement this year was good news for baby boomers at least
Even though 30 millionaires have recommended the chancellor introduce one
One industry expert warns changing the rules would be ‘particularly harsh and unjustified’
Generating an extra £254m in tax revenue over the 12 months
Budget rumour mill has ‘begun and questions surrounding inheritance changes are beginning to form’
There is ‘a huge opportunity for further education and guidance’ on inheritance tax planning
Families can reclaim tax if value decreases between date of death and sale
‘Inheritance tax is becoming ever-more lucrative for HMRC’
Estates could have avoided the tax bill if they had put life insurance policies into a trust