IHT receipts continue their ascent
Inheritance Tax receipts surged to £6.3bn in 2024, up 11% on the previous year, with further rises expected. Find out what this means for your estate and how to protect your loved ones.
Inheritance Tax receipts at record levels
Figures released by HM Revenue & Customs (HMRC) show that inheritance tax receipts have hit record levels while new data shows it's hunting down thousands of families that have not paid the correct liability on inherited estates.
Inheritance Tax Investigations: HMRC’s Pursuit of Unpaid IHT
HMRC has set up a new specialist team to udertake target estates of wealthy deceased individuals in order to undertake inheritance tax investigations to check whether a greater Inheritance Tax (IHT) liability may have been due than originally calculated by estate executors.
Transferring wealth, your way
Seeking professional advice is a crucial step when transferring wealth that can ease any inheritance planning anxieties...
Good To know – IHT Share Loss Relief
In challenging market conditions, it’s likely that some bereft individuals will be inheriting investments that have fallen in value...
The Growing Need for Intergenerational Planning
Intergenerational planning can help with more immediate financial needs, particularly when generations work collaboratively to find solutions that support the whole family both now and in the future.
In The News: IHT, Pensions & Retirement
We discuss the latest news on Inheritance Tax, Pensions and Retirement...
COVID Prompts Uplift in Grandparental Support
Evidence that grandchildren have often benefited financially from locked-down grandparents, has been provided through research conducted by a leading financial mutual...
Muddy Waters Swirl Around IHT
In late July 2021, HM Revenue & Customs (HMRC) published its annual statistics on Inheritance Tax (IHT). Here's what it said...
The Great Wealth Transfer: why it’s good to talk
Transferring wealth from one generation to the next is a difficult conversation topic. Encouraging your children's involvement in financial planning decisions now is a good way to ensure they are ready when the time comes.