The chancellor stated that she sought to adopt "a balanced approach" in the reform of inheritance tax. Here is what we know about the changes. Inheritance tax is paid out of a person’s estate after ...

On Wednesday (December 27), the Telegraph reported that several Conservative MPs favoured the axing of IHT as part of a general "gear change" on tax. However, a Downing Street source said it was "just ...

Ministers raise the assets threshold at which the levy will be payable to £2.5mn after backlash from rural areas ...

The new mansion tax - which the government says is a “high value council tax surcharge” - will also come into force from ...

UK inheritance tax reliefs will rise to £2.5m from April 2026, allowing farmers and business owners to pass on up to £5m ...

With a background in financial journalism across national titles, Ruby loves helping people take control of their money and specialises in pensions, tax, banking and benefits. If you plan to pass on ...

Farmers across the country protested in London last year over the proposed tax hike on agricultural assets passed down to the ...

Benjamin Franklin referred to death and taxes as "the only certainties in life." And the inheritance tax touches on both. It's a levy on money, property or other assets a person leaves to others after ...

When someone dies, states might impose an inheritance tax on money or other assets transferred from the deceased person’s estate to the heirs or surviving family members. But most states do not impose ...