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Tag: inheritance

Who pays Inheritance Tax on gifts? Why timing of gift can have a big impact on tax charged

Posted: October 21, 2019 at 10:24 pm   /   Business

INHERITANCE TAX is a tax on the estate of a person who has died. Who pays Inheritance Tax on gifts and how does the timing of a gift being given affect the amount of Inheritance Tax that is paid? Daily Express :: Finance Feed

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Inheritance Tax calculator – how does it work? When Inheritance Tax may need to be paid

Posted: October 13, 2019 at 10:28 pm   /   Business

INHERITANCE TAX is the tax paid on the estate of a person who has died. It is only paid above a threshold, and not in all circumstances. How do Inheritance Tax calculators work? Daily Express :: Finance Feed

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Inheritance Tax: How can savers legally reduce impact of a ‘huge bill’?

Posted: October 10, 2019 at 10:22 pm   /   Business

INHERITANCE TAX is something which Chancellor of the Exchequer Sajid Javid recently said was a “real issue”, when asked about the prospect of scrapping it. With Financial Planning Week underway, some may wonder how they can legally reduce how much of an Inheritance Tax bill their loved ones will be left with. Daily Express :: […]

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Tax poll: What do you think should happen to Inheritance Tax? VOTE HERE

Posted: October 9, 2019 at 10:23 am   /   Business

INHERITANCE TAX could soon be scrapped under new Conservative Government proposals, with calls growing louder for a huge reform of the so-called “death tax”. What do you think should happen to Inheritance Tax? Daily Express :: Finance Feed

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How probate fee changes could see you pay thousands more – on top of any Inheritance Tax

Posted: October 7, 2019 at 10:23 pm   /   Business

PROBATE fees: To apply for probate, a person will need to pay an application fee. This is currently a flat-rate, however the government has proposed changing the system to a sliding scale. Daily Express :: Finance Feed

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Inheritance Tax ‘particularly unpopular’: Minister attacks ‘fundamental unfairness’ of tax

Posted: October 7, 2019 at 10:22 am   /   Business

INHERITANCE TAX has been called “particularly unpopular” by Communities Secretary Robert Jenrick, making him the second Cabinet minister in a week to speak out against the tax. Daily Express :: Finance Feed

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Inheritance Tax UK: What is the threshold? Sajid Javid on ‘real issue’ with the tax

Posted: October 3, 2019 at 10:23 pm   /   Business

INHERITANCE TAX may be required to be paid on the estate of a person who has died. This week, Sajid David was asked about abolishing the so-called death tax. What is the threshold? Daily Express :: Finance Feed

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How to legally reduce Inheritance Tax bill – paying into this ISA could slash amount

Posted: October 2, 2019 at 10:24 pm   /   Business

INHERITANCE TAX may be payable on the value of an estate above the threshold, with the standard rate being 40 per cent. Paying into one type of ISA could be a way in which some grandparents reduce a future Inheritance Tax bill. Daily Express :: Finance Feed

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Who pays Inheritance Tax in UK? When Inheritance Tax may be payable

Posted: September 24, 2019 at 10:24 pm   /   Business

INHERITANCE TAX is a tax which may be payable on the estate of a person who has died. Who pays Inheritance Tax in the UK? Daily Express :: Finance Feed

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Inheritance tax payments soar to £5.4billion – three steps every family should take

Posted: September 20, 2019 at 10:29 am   /   Business

INHERITANCE TAX receipts received by HM Revenue and Customs have risen to £5.4 billion during 2018 to 2019 new statistics show – an increase of three per cent on 2017 – 2018. Daily Express :: Finance Feed

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