Rachel Reeves could unveil a series of inheritance tax (IHT) reforms in next month’s Budget, experts have told The i Paper. The tax – often dubbed Britain’s “most hated” – is charged at 40 per cent on ...
The proposed changes to discretionary trust taxation and the introduction of the settlement nil-rate band (NRB) mean that gifts made in the seven years before a discretionary trust is settled will not ...
Inheritance planning is set for an overhaul in the coming years due to changes to how pensions will be treated as part of someone’s estate when they pass away. Including pension portfolios in the ...