Strategic use of gifting disbursements before one's demise can help to ensure the maximum amount of bequests to one's heirs ...

As more people seek ways to reduce their tax liability after recent Budget changes, families are reminded of a gifting option ...

Enquiries have at least doubled since the Budget, says one expert, who believes these are now likely to increase ...

Financial experts are seeing a rise in requests for a form of 'protection' which wealthy savers can take out to avoid the ...

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

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

The inheritance tax seven-year rule is “under threat” in Rachel Reeves’s Spring Statement, wealth advisers have warned.

Speculation is mounting that the government may charge inheritance tax on pensions and extend the seven-year gifting rule. So ...

Labour’s plan ensures an inheritance tax of 20 per cent is imposed on farmers’ agricultural assets worth more than £1 million ...

My wife is an executor to the will so might she be liable for any tax the charities have to pay? Estate planning expert Ian Dyall replies.

Inheritance tax (IHT) takings soared to £6.8billion in the eight months from April to December 2024, new figures show. This marks a £600million increase compared to the same period last year, putting ...