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Tag: inheritance

Inheritance tax to be affected by new law arriving in 2021 – grandparents may be hit

Posted: October 31, 2020 at 10:22 am   /   Business

INHERITANCE tax, pensions and other financial considerations may be impacted by oncoming divorce law changes according to new analysis. This could be further complicated by additional research which shows elders within families could be planning to hand down more wealth in light of coronavirus. Daily Express :: Finance Feed

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Inheritance tax UK: Will IHT be due if you live abroad? Check if you have ‘excluded’ asset

Posted: July 19, 2020 at 10:24 am   /   Business

INHERITANCE tax can be a complicated cost to manage and plan for. Generally, the tax is levied on large estates based in the UK but there are different rules for those who die abroad. Daily Express :: Finance Feed

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Inheritance Tax: You could legally ‘escape’ IHT – but there’s an important factor to note

Posted: July 4, 2020 at 10:23 pm   /   Business

INHERITANCE TAX is the tax on an estate of a person who has died. While Inheritance Tax won’t always need to be paid when a person dies, in certain cases it will – and some may want to look for ways in which they can legally reduce an IHT bill. Daily Express :: Finance Feed

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Inheritance Tax UK: Are changes ahead? IHT was raised to 80% to ‘help tackle public debt’

Posted: June 27, 2020 at 10:24 am   /   Business

INHERITANCE TAX is often referred to as being Britain’s “most hated tax”. The rate currently stands at 40 percent, but could changes be made in the wake of the coronavirus crisis? Daily Express :: Finance Feed

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Inheritance Tax changes could be ahead: Britons warned to act now to protect inheritance

Posted: May 27, 2020 at 10:22 am   /   Business

INHERITANCE TAX reliefs are something which many will factor in when estate planning. However, with the potential for tax changes following the coronavirus crisis, tax experts have said some may wish to take action now in order to protect inheritance. Daily Express :: Finance Feed

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Inheritance Tax: How one specific rule could affect IHT bill before death

Posted: May 4, 2020 at 10:24 am   /   Business

INHERITANCE TAX is payable on the estate of a deceased person above a particular threshold, but there are certain rules surrounding gifts to pay attention to. Daily Express :: Finance Feed

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Inheritance Tax UK threshold: How some people could boost their threshold to reduce bill

Posted: February 16, 2020 at 9:22 pm   /   Business

INHERITANCE TAX is a tax on the estate of a person who’s died, and the Inheritance Tax threshold can have an impact on how much IHT needs to be paid. What is the threshold? Daily Express :: Finance Feed

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Inheritance Tax threshold – how you could increase yours and reduce IHT bill

Posted: February 9, 2020 at 9:22 am   /   Business

INHERITANCE TAX is paid on the estate of someone who has died and their assets are being handed on to someone else. Their estate will compromise most things of value such as property, capital assets and, of course, cash. Daily Express :: Finance Feed

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Inheritance Tax threshold – how much is it? How you could boost your threshold

Posted: January 29, 2020 at 9:22 pm   /   Business

INHERITANCE TAX is a tax levied on the estate of someone who has died or is passing on their assets. A person’s estate is composed of their property, money and possessions, but the total value of these assets need to hit a certain threshold for the tax to be due. Daily Express :: Finance Feed

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Inheritance Tax: Changes proposed in new bill in House of Lords – could it affect you?

Posted: January 23, 2020 at 9:23 pm   /   Business

INHERITANCE TAX is a tax on the estate of a person who has died. A new rule is being considered by the House of Lords. What would the proposed changes mean for members of the public? Daily Express :: Finance Feed

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