State pension rise may push retirees into inheritance tax
A 4.8% state pension increase from April 2026 brings a £574 boost but risks higher inheritance tax bills due to frozen thresholds. Experts urge proactive estate planning.
A 4.8% state pension increase from April 2026 brings a £574 boost but risks higher inheritance tax bills due to frozen thresholds. Experts urge proactive estate planning.
Chancellor Rachel Reeves confirms six major tax changes for 2026, impacting fuel duty, alcohol, vaping, dividends, inheritance, and luxury cars. Discover how your finances will be affected.
Frozen tax thresholds have dragged 420,000 motorists into paying the luxury vehicle levy, a 42% rise in two years. Discover how family cars are being caught in the tax net.
New HMRC rules could see grieving families wait over a year to access half of inherited pension funds. Learn how the Autumn Budget changes impact you.
The government has tripled the inheritance tax threshold for farmland to £2.5m following pressure. Critics say it doesn't go far enough to protect family farms. Read the full story.
HMRC is launching an aggressive new crackdown on historic tax avoidance from 2026, with new powers, a US-style whistleblower reward scheme, and a surge in criminal investigations. Experts warn of risks.
Bereaved families could be hit with six-figure bills due to deferred council tax payments on high-value homes. Learn about the new surcharge and its long-term impact.
HMRC is turning to artificial intelligence to tackle a £700m tax gap and improve compliance. The technology will identify risks faster but human caseworkers will make final decisions. Read the latest.
Chancellor Rachel Reeves confirms the inheritance tax freeze until 2031, doubling the number of families paying the 40% levy. Experts warn of a stealth raid on modest estates.
HMRC inheritance tax on cash gifts surges 153% in a decade, ensnaring over 1,000 families. Learn the complex rules to avoid a hefty tax bill.
HMRC has issued clear guidance on tax refunds after a cheque was sent to an old address. Learn the steps to correct the error and the helpline number to call.
Chancellor Rachel Reeves announces a major inheritance tax rule change for farmers and business owners. From April, couples can transfer unused relief, shielding up to £2m from tax. Discover the impact and reaction.
Chancellor Rachel Reeves confirms pensions will be subject to inheritance tax, prompting a surge in older couples marrying for financial security. Discover the drastic steps being taken.
HMRC has increased the IHT nil-rate band for business and farming assets to £2.5m per person from April 2026, offering relief to family-owned enterprises. Read the full details and expert reactions.
The government raises the IHT threshold for farmers to £2.5m, a policy U-turn experts warn inflates land prices and benefits wealthy investors over family farms. Read the full analysis.
The UK government has revised its inheritance tax plans for farmers after protests. The new rules allow couples to pass on up to £5m. Find out what changed.
The cost of obtaining probate copies in the UK has surged to £16 each, a tenfold increase. Families now face £460 for a standard application. Discover the impact and expert advice.
Chancellor Rachel Reeves announces a major U-turn, raising the agricultural property relief threshold to £2.5m from April 2026. This change will protect family farms from hefty inheritance tax bills. Read the full details.
Personal finance experts warn UK families about HMRC's £3,000 annual gift allowance. Exceeding it could trigger a 40% inheritance tax bill if the giver dies within seven years. Learn the rules to protect your loved ones.
Chancellor Rachel Reeves's Budget reforms, with frozen income tax thresholds, are set to push retirees with modest savings into paying tax. Experts warn of fiscal drag and inheritance tax implications.
UK inheritance tax receipts reach £5.8bn in eight months, driven by frozen thresholds. Experts warn the 'quiet' revenue raiser is forecast to hit £14.5bn by 2031. Read the full analysis.
A frozen HMRC trading allowance is eroding the tax-free earnings of UK side hustlers on Vinted, eBay & Airbnb. See how inflation impacts your income.
Martin Lewis warns ISA savings face a 40% Inheritance Tax hit. Key details on spousal transfers, allowance changes from 2027, and how to protect your money.
Money expert Martin Lewis clarifies ISA inheritance rules. Your tax-free savings could be subject to a 40% HMRC charge upon death. Learn how to protect your assets.
Money expert Martin Lewis details how surviving spouses can inherit an ISA allowance, keeping savings tax-free. He also warns of a crucial 40% Inheritance Tax risk.
Labour is urged to overhaul inheritance rules to protect unmarried couples. Experts warn current laws fail modern families. Could this be the biggest change in 50 years?
A stark warning is issued as thousands of state pensioners die with outstanding mortgage debt, leaving families to foot the bill. Discover the scale of the crisis and the call for new lending solutions.
UK drivers of electric and plug-in hybrid cars will face a new pay-per-mile tax from April 2028. Find out the rates and how it could affect your motoring costs.
Experts warn UK state pensioners to act now to trace lost pension pots and unclaimed bonds worth thousands. Five key steps to safeguard your finances revealed.
HMRC is issuing revised tax codes midway through the 2025/26 tax year, impacting savers. Check your code now to avoid over or underpaying tax on your savings interest.