Tag: Tax
Shock Inheritance Tax bills for bereaved who receive gifts from elderly...
Thousands of wealthy families have faced unexpected Inheritance Tax bills on gifts from loved ones, it has emerged.In theory individuals can escape some...
HMRC explains capital gains tax rules after query about PIP claimants
HMRC has clarified how capital gains tax works after a taxpayer asked about transferring shares.The person contacted the tax authority over X to...
Martin Lewis urges Britons to check if they can claim ‘urgent’...
Martin Lewis is urging couples to check if they claim as much as £1,256 in tax back from HMRC - but they have...
Bereaved families face paying £53,000 by 2028 due to inheritance tax...
Bereaved families liable to pay inheritance tax will pay an extra £53,000 each on average after the lack of changes in The Budget,...
Government confirms new council tax rule will come in force next...
The government has confirmed new strict rules for some empty homes that will come into effect in the next few weeks.The Department for...
Inheritance tax poll finds 90% want 'Britain's Most Hated Levy' slashed...
A staggering 90 percent of high earners think that inheritance tax should be halved, new research shows.Data from the 5th Saltus Wealth Index...
Car tax changes to impact petrol and diesel owners in weeks...
Some petrol and diesel owners could pay £140 more in Vehicle Excise Duty (VED) as car tax rates are set to increase in weeks.VED...
Pay-per-mile car tax schemes must address 'serious concerns over privacy'
A possible future pay-per-mile car tax charge must consider “serious concerns over privacy”, according to a new study looking into the future of...
Abolishing Inheritance Tax hailed as 'win-win' scenario as Swedish example cited
Calls have been made for the UK to follow in Sweden’s footsteps through growing its economy by abolishing inheritance tax.Inheritance tax, which had...
Inheritance tax changes: New rules for 'non-doms' explained after Spring Budget
The UK is moving to having a residence-based regime for inheritance tax starting in April 2025.In Chancellor Jeremy Hunt’s Budget last week, he...