Under the current scheme, you can give away as much money as you like, inheritance-tax free, as long as you live seven years ...
If a taxpayer misses the filing deadline, the IRS may impose significant penalties (up to 25% of the amount of the foreign ...
The inheritance tax seven-year rule is “under threat” in Rachel Reeves’s Spring Statement, wealth advisers have warned.
After a younger brother is left out of an aunt's will, his siblings want to share the money they inherited, but wonder if ...
Inheritance tax (IHT) takings soared to £6.8billion in the eight months from April to December 2024, new figures show. This ...
Trillions of pounds will be handed down in coming decades as part of the Great Wealth Transfer — but some parents are opting out ...
Inheritance Tax is a tax on the estate of someone who has died, including property, money and possessions. Here are some tips ...
Underthe seven-year rule, individuals are able to pass down money or assets either tax-free or at a reduced rate if they ...
More wealthy Britons are gifting their money to family members, according to tax advisors, following concerns that Rachel ...
HMRC collected £6.3 billion in inheritance tax during the first nine months of the tax year – £600 million more than the same ...
The family home is likely to be one of your most valuable assets. This begs the question: 'Can I gift it to my children now?