The tax rate is 40 per cent, but it’s only charged on the part of the estate that’s above the threshold. In 2023/24, only 5 per cent of deaths generated an inheritance tax bill, raising around £7 ...
Prime Minister Keir Starmer said there’s “no reason” for entrepreneurs to leave the UK, even as Chancellor of the Exchequer Rachel Reeves studies proposals to raise taxes on the wealthy, property, ...
Rachel Reeves is reportedly preparing to scrap a key tax exemption in her upcoming Budget, delivering another financial blow ...
There’s only a week to go before chancellor Rachel Reeves appears in front of 11 Downing Street with that little red box. We ...
MILLIONS of workers could end up with less money in retirement under new government plans which are being considered. Experts ...
The potential abolition of inheritance tax relief on AIM shares is one of the countless rumours swirling around ahead of ...
It’s the first UK budget for the new Labour government and Britain’s first female Chancellor, Rachel Reeves. Big tax rises ...
The Chancellor could announce sweeping changes to inheritance tax in the Budget. It currently only affects a very small ...
Rachel Reeves is set to raise taxes in October's Budget - but why do her self-made rules mean she has to do so ...
The Treasury has raked in £13.8 billion in capital gains tax, stamp duties and inheritance tax over the past six months - as ...
The Washington-based forecaster's chief economist Pierre Olivier-Gourinchas yesterday said the Chancellor must tread a ...
Death duties are set for sweeping changes on October 30 as Rachel Reeves (pictured) looks to inheritances to help boost the ...