Inheritance tax freeze 'disproportionate' amid UK borrowing plateau

Personal Tax Inheritance tax freeze 'disproportionate' amid UK borrowing plateau

11m Greg Noble

Inheritance tax freeze 'disproportionate' amid UK ...

This was the fourth largest borrowing year since records began in 1993 Read More...

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Chancellor Sajid Javid opens talk on inheritance tax

HMRC Chancellor Sajid Javid opens talk on inheritance tax

4y Leanna Reeves

Chancellor Sajid Javid opens talk on inheritance t...

The chancellor’s hint of a potential change arrives at a time when IHT income hit its highest level in the UK. Read More...

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Inheritance tax: Government advised to reduce seven-year gifting rule to five years

Tax Inheritance tax: Government advised to reduce seven-year gifting rule to five years

5y Chris Jewers

Inheritance tax: Government advised to reduce seve...

The Government’s independent tax advisor has undertaken an inheritance tax review requested by the Chancellor and offered recommendations on how to si...

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Red Alert: The prospect of a Labour tax revolution is looming

Tax Red Alert: The prospect of a Labour tax revolution is looming

5y Richard Asquith, Avalara

Red Alert: The prospect of a Labour tax revolution...

In his monthly column, Avalara's Richard Asquith takes a look at the Labour Party's fiscal plans under shadow chancellor John McDonnell, including VAT...

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Wealthiest families in UK gobble up inheritance tax relief

Tax Wealthiest families in UK gobble up inheritance tax relief

5y Tom Lemmon

Wealthiest families in UK gobble up inheritance ta...

A small number of the wealthiest families in the country are sharing up to £666 million a year in inheritance tax relief, according to Tax Justice UK ...

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A guide to inheritance tax policy in the UK

Tax A guide to inheritance tax policy in the UK

5y Gary Flood

A guide to inheritance tax policy in the UK

Should I give my house away to my kids? What’s the difference if I am married? IHT, or inheritance tax, can be difficult to navigate – here is a step-...

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HMRC investigations into inheritance tax up by 5%

HMRC HMRC investigations into inheritance tax up by 5%

6y Emanuela Hawker, Reporter

HMRC investigations into inheritance tax up by 5%

UHY Hacker Young says that HMRC is treating inheritance tax as a 'lucrative source of income' Read More...

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Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

Personal Tax Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

6y Accountancy Age

Inheritance tax is 'unfit for modern society' and ...

The report states the current system “manages the uniquely bad twin feat of being both wildly unpopular and raising very little revenue" and proposes ...

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HMRC nets record £5.3bn in inheritance tax

Tax HMRC nets record £5.3bn in inheritance tax

6y Accountancy Age

HMRC nets record £5.3bn in inheritance tax

The revenue authority’s inheritance tax take has increased by 13% compared to the £4.7bn collected in 2016-17 Read More...

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What should the OTS prioritise in its review of inheritance tax?

Personal Tax What should the OTS prioritise in its review of inheritance tax?

6y Accountancy Age

What should the OTS prioritise in its review of in...

Following the Chancellor calling for a review into IHT, industry experts call for examination of the residence nil rate band, taper relief and taxing ...

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HMRC collects record £5bn in inheritance tax

HMRC HMRC collects record £5bn in inheritance tax

7y Accountancy Age

HMRC collects record £5bn in inheritance tax

HMRC collected a record £5.1bn in inheritance tax in the year June 2016 to May 2017, according to private client law firm Wilsons Read More...

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Inheritance tax relief predicted to hit £900m through charitable donations

Legal Inheritance tax relief predicted to hit £900m through charitable donations

7y Accountancy Age

Inheritance tax relief predicted to hit £900m thro...

Inheritance tax relief increased by 16% last year to £880m, compared to £760m in the previous year. The amount is significantly higher than the £420m ...

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The rising significance of inheritances

Personal Tax The rising significance of inheritances

7y Accountancy Age

The rising significance of inheritances

Rosamond McDowell looks at key changes to inheritance tax policy, which apply from April this year Read More...

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Duke of Westminster and IHT – a tragedy from all perspectives

Personal Tax Duke of Westminster and IHT – a tragedy from all perspectives

8y Accountancy Age, Reporters

Duke of Westminster and IHT – a tragedy from all p...

Let us hope that valuable asset protection vehicles are not made prohibitively burdensome or abolished in the desire to “simplify” IHT Read More...

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HMRC inheritance tax take hits £4.7bn all-time high

Personal Tax HMRC inheritance tax take hits £4.7bn all-time high

8y Richard Crump, Writer

HMRC inheritance tax take hits £4.7bn all-time hig...

IHT take up 17% in just a year as more estates pass tax threshold Read More...

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Accountants worry that advice they give goes beyond skillset

Personal Tax Accountants worry that advice they give goes beyond skillset

8y Fraser Simpson, Reporter

Accountants worry that advice they give goes beyon...

Nearly half of accountants expect their relationship with independent financial advisers to increase because of the high demand for financial advice R...

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Taxpayers to 'save' £30m in inheritance tax relief

Personal Tax Taxpayers to 'save' £30m in inheritance tax relief

8y Chris Warmoll, Writer

Taxpayers to 'save' £30m in inheritance tax relief

City law firm warns inheritance tax relief could be disallowed by HMRC in certain situations Read More...

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IHT relief prompts investment in SMEs

Personal Tax IHT relief prompts investment in SMEs

9y Calum Fuller, Reporter

IHT relief prompts investment in SMEs

Investing in unlisted companies could drive down inheritance tax bills by more than £500m Read More...

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Tories to scrap inheritance tax on family homes under £1m

Personal Tax Tories to scrap inheritance tax on family homes under £1m

9y Calum Fuller, Reporter

Tories to scrap inheritance tax on family homes un...

Current £325,000 threshold puts 'quarter of homes at risk' of attracting inheritance tax, PM claims Read More...

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Over 55s could face five-pronged property tax hit

Accounting Firms Over 55s could face five-pronged property tax hit

9y Chris Warmoll, Writer

Over 55s could face five-pronged property tax hit

PwC issue warning as new annuity reforms will allow people to unlock and withdraw their pensions in one lump sum Read More...

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Accelerated payments could be applied to inheritance tax

Personal Tax Accelerated payments could be applied to inheritance tax

10y Calum Fuller, Reporter

Accelerated payments could be applied to inheritan...

Accelerate payments could be applied to trusts in order to circumvent inheritance tax avoidance Read More...

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Inheritance tax yield hits six-year peak

Personal Tax Inheritance tax yield hits six-year peak

10y Calum Fuller, Reporter

Inheritance tax yield hits six-year peak

HMRC collected £3.4bn from bereaved families in 2013/14 Read More...

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Merging income tax and NI gets public support

Corporate Tax Merging income tax and NI gets public support

10y Richard Crump, Writer

Merging income tax and NI gets public support

Jury of 22 representative members of the British public support idea of integrating income tax and national insurance Read More...

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Number caught by inheritance tax to rise by third

Personal Tax Number caught by inheritance tax to rise by third

10y Calum Fuller, Reporter

Number caught by inheritance tax to rise by third

Treasury predicts number caught by inheritance tax to breach 35,000 mark Read More...

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Inheritance tax rise to be brought in ‘by back door’ – EY

Personal Tax Inheritance tax rise to be brought in ‘by back door’ – EY

10y Calum Fuller, Reporter

Inheritance tax rise to be brought in ‘by back doo...

HMRC releases consultation on inheritance tax changes Read More...

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Taking Stock: Earl to sell plot to pay off tax mountain

Personal Tax Taking Stock: Earl to sell plot to pay off tax mountain

10y Taking Stock

Taking Stock: Earl to sell plot to pay off tax mou...

TS hasn't come across many who use mountains to settle tax bills Read More...

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Arts in lieu of tax nets public £50m worth of artefacts

Personal Tax Arts in lieu of tax nets public £50m worth of artefacts

10y Calum Fuller, Reporter

Arts in lieu of tax nets public £50m worth of arte...

Letters written by Charles Darwin and lyrics written by John Lennon are among £50m haul Read More...

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