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 ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

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 ...

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 ...

Please note that the CRA introduced a stricter validation process in January 2025. XML files that do not conform with our schema and specifications may now be rejected. You can validate your XML file ...

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.

If you receive property as a gift, you are generally considered to have acquired the property at its fair market value (FMV) on the date you received it. Similarly, if you win property in a lottery, ...

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 ...

This article was subjected to a comprehensive fact-checking process. Our professional fact-checkers verify article information against primary sources, reputable publishers, and experts in the field.