Brits who have gifted money to family members in the past seven years have been warned that they could be liable for ...

Britons who have gifted money to family members in the past seven years have been warned they could face an inheritance tax ...

Families are often able to build up a substantial net worth through owning property, like a farm, or a small business.

There’s no rule stating you can’t bypass your own kids when leaving money to your grandkids, but there are legal and ...

You can reduce the inheritance tax burden on your beneficiaries by placing your assets in a trust, or by gifting assets to your beneficiaries while you are still living. Another option is to take ...

Warnings have been issued to people who have gifted money to loved ones over the past seven years. HMRC is on track for a ...

Under the current scheme, you can give away as much money as you like, inheritance-tax free, as long as you live seven years ...

Inheritance tax receipts are on the rise and experts have warned that gifting money to loved ones could have implications for Brits - and there are rules around how much can be given ...

The tax office is on track for a record year as inheritance tax receipts totalled £6.3 billion in the eight months to ...