Inheritance tax

How ‘selfish and entitled’ millennials are capitalising on a £71 trillion goldmine

Technology
Laura Adams

An average £372,000 awaits the top 20pc of millennials, the Institute for Fiscal Studies found. At the same time, the chasm between ...

Thousands face ‘eye-watering’ inheritance tax

Business
Robert Johnson

Inheritance tax receipts increased to £7.5billion from March 2023 to April 2024, the highest value ever recorded, figures from HM Revenue and ...

Inheritance tax warning as HMRC hits households with levy on gifting

Business
Robert Johnson

Britons are increasingly running foul of the taxman and paying inheritance tax (IHT) despite gifting parts of their estate to stay clear ...

No10 plans to end inheritance tax in spring ahead of election

Business
Robert Johnson

The news that inheritance and income tax cuts are being considered for the Budget was hailed by some Conservative MPs. Ranil Jayawardena, ...

Rishi Sunak and Jeremy Hunt plan to cut inheritance tax at Autumn Statement

U.K.
William Turner

Rishi Sunak and Jeremy Hunt have drawn up plans to cut inheritance tax at next week’s Autumn Statement, The Telegraph understands. The ...