Scrapping pensions tax-free cash to pay for IHT abolition branded ‘terrible idea’
The Institute of Economic Affairs' (IEA) idea to scrap pensions tax-free cash to help pay for inheritance tax (IHT) abolition...
Total IHT receipts reach £5.4bn in 2018/19
People in the UK paid just under £5.5m in IHT last year, HMRC figures show.
Claire Trott: Family wealth is changing
Retirement planning is in for a shake-up, particularly from a familial perspective, predicts Claire Trott, because the way money is passed through generations is changing …
IHT rules remain unclear to consumers, research finds
Some 40% of people do not know how much money can be passed on free of inheritance tax (IHT), research from Zurich...
Christina Stone: IHT planning and intergenerational wealth transfers
Inheritance tax (IHT) was once a concern only for the rich and famous. Rising asset values and static thresholds are...
A quarter of estates that pay IHT are investigated by HMRC
Almost a quarter of all estates that pay inheritance tax are investigated by HM Revenue & Customs (HMRC), a freedom...
Laura Suter: The taxing task of IHT simplification
The long-awaited report on how to simplify the inheritance tax (IHT) system came out this month, and it is not an overstatement...
Young people awaiting inheritances to make big life decisions – Killik
Younger people are holding back from major life decisions, such as buying a home, starting a family or dealing with...
RP Case Study: Deciphering inheritance when expression of wishes are not clear
Nate, 63, passed away in early 2019 with a self-invested personal pension (SIPP) which was crystallised in 2013. His SIPP has an expression of...
RP Case Study: What to do when retirement income reality doesn’t match expectation
Michael is single and in his early 60s. He begins to look at what his retirement will be like. He goes online to find...
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Scrapping pensions tax-free cash to pay for IHT abolition branded ‘terrible...
The Institute of Economic Affairs' (IEA) idea to scrap pensions tax-free cash to help pay for inheritance tax (IHT) abolition...
