Sean McCann, from the insurer NFU Mutual, stated that currently a £2m estate of a single person with a £500,000 pension would face an inheritance tax bill of £600,000. From April next year, this bill ...

According to estimates by Quileter, approximately 6,4000 estates will exceed the £2 million threshold once pension assets are ...

Could we add our children's names to our deeds and put the house equally in all four of our names now? After seven years, ...

British expatriates with substantial UK pension funds face a major change in the coming years. From April 2027, UK pensions will become subject to inheritance tax (IHT), a reform that could ...

The authority noted that IHT receipts were around £100m ($134.86m) higher than the same period last year.

HMRC launched more than 14,000 inheritance tax investigations since 2022, a Freedom of Information (FOI) request found. The ...

Dealing with a loved one’s estate can be difficult enough without HMRC questioning the paperwork. But checks into inheritance tax (IHT) are becoming more common as more families are drawn into paying ...

The RNRB is a £175,000 extra inheritance tax-free allowance per person for those leaving their main home to a direct descendant. It tapers away by £1 for every £2 that the estate exceeds the £2m ...

Families who cope best with inheritance tax (IHT) paperwork are those who plan ahead, say experts. We look at all documents ...

The number of families that will lose a key inheritance tax allowance is set to quadruple by the end of the decade.

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Inheritance tax receipts continue to rise, with the latest official data from HMRC showing £1.5 ...