This could result in (or add to) your estate being charged inheritance tax. In most cases this will be paid from your estate ...

HMRC plans to scrap one of the popular tax exemption rules, leaving us to say goodbye to free family gifts in 2026. Act now, ...

The annual tax-free gifting allowance remaining static for the past four decades means its real value is lagging by 360 percent, research from law firms Shakespeare Martineau and Mayo Wynne Baxter has ...

Complex inheritance tax rules could be the reason more estates are being dragged into the net, an expert has said. Article continues below ADVERTISEMENT HMRC amassed a staggering £700million in ...

Britons generous in gifting cash to family and friends may find themselves caught in the inheritance tax net as HM Revenue & Customs (HMRC) sees a surge in takings. From April to December 2024, IHT ...

Rachel Reeves is reportedly exploring measures to increase revenue from inheritance tax by tightening gift rules, a move that may disproportionately affect the middle class. The Guardian has reported ...

Thank you for signing up! Did you know with a Digital subscription to Yorkshire Post, you can get access to all of our premium content, as well as benefiting from ...

Giving a loved one cash for Christmas isn’t the most imaginative present idea, but it can be ideal if you’re low on ideas and strapped for time. It could also reduce your inheritance tax bill.

Government plans to slap inheritance taxon pensions are already galvanising families into action to protect estates before ...

My parents own their three-bed home in south London and they want to give it to my sister and me now, while they are still able to manage their own finances. We understand that they have a collective ...

Learn about gifts in trust and how they help distribute assets according to the grantor's wishes and protect wealth for future generations.