“Marital trusts are significant in estate planning for high-net-worth individuals, serving as a tool to minimize the estate tax burden by ... and the inheritance intended for children from ...

With harsher inheritance tax rules looming, many Britons may be looking for ways to better protect their wealth and avoid the potential widening of the tax net. One “very effective” strategy ...

At the end of every July HM Revenue & Customs publishes its analysis of inheritance tax statistics. The latest information (July 31, 2024) states “in the tax year 2021 to 2022 4.39 per cent of ...

Campaigners have urged Chancellor of the Exchequer Rachel Reeves to close what they have described as a tax “loophole” ...

“Instead, it is a temporary waiver from an inheritance tax charge that would otherwise ... by being open to public access, now form the backbone of the successful UK tourism industry,” he ...

Borno State Governor, Babagana Zulum, has approved a two-year tax waiver for traders affected by the September 2024 flood disaster and the Maiduguri Monday Market fire incident, in a move aimed at ...

4. How the seven-year rule works Large gifts in excess of £3,000 can be made without incurring inheritance tax – but only if you survive the gift by seven years. This is widely known as the ...

The Revenue Department has collected revenue from inheritance tax worth more than 4 billion baht over the past 10 years, with more than 1.5 billion collected in the last fiscal year alone.

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified that inheritance tax will not be reintroduced in the new tax bills before parliament.

Research from financial advisory service Findex found 35 per cent of Millennials and 43 per cent of Gen Z are expecting some form of inheritance, suggesting that, at least in part, they are ...

He explains that anything left to your spouse is exempt from inheritance tax (IHT), meaning money paid to them is done so tax-free – unlike with other family members. Crucially, any unused IHT ...

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