Raising The £3000 Annual Inheritance Tax Gift Allowance

Raising The £3000 Annual Inheritance Tax Gift Allowance

Raising the current Inheritance tax threshold would certainly make a difference to family life in Britain, particularly at times when families are grieving the death of a loved one, the intrusion of the taxman is least welcome.

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False Promises On Inheritance Tax

False Promises On Inheritance Tax

The amount of inheritance tax expected to be paid by UK families in the next few years will reach the highest level for many years, according to calculations by the Institute for Fiscal Studies.

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UK Inheritance Tax Is The Second Highest In The Developed World

UK Inheritance Tax Is The Second Highest In The Developed World

The UK now has the second highest Inheritance tax (IHT) threshold in the world after Ireland  compared to other major world economies. HMRC will take on average takes more than a quarter of the estate of someone worth more than £1.8m, compared with a global average of under 8 per cent.

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