Martin Lewis warns of 40% tax hit on ISA savings
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.
Category : Search result: inheritance administration
Martin Lewis explains ISA 'additional allowance' rules
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.
Birmingham EV firm Petalite cuts jobs, seeks buyer
Birmingham-based electric vehicle charging manufacturer Petalite enters administration, leading to job losses. Administrators seek a buyer for its proprietary technology. Read the latest.
Labour's 1975-Style Inheritance Law Shake-Up Proposed
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?
Warning as thousands of pensioners die with mortgage debt
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.
Pensioners urged to claim £13,620 in lost savings
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 Rule Lets Households Pass On £1M Tax-Free
Money expert Martin Lewis explains how married couples can use HMRC rules to leave up to £1 million to their children without paying Inheritance Tax. Learn the crucial legal steps.
90 Jobs Lost as Major Equipment Supplier Warwick Ward Collapses
Long-established earthmoving firm Warwick Ward enters administration, ceasing operations and making 89 staff redundant. Read the full story on the business collapse.
Fired Earth saved by Topps Tiles in £3 million deal
Iconic homeware chain Fired Earth has been rescued from administration by Topps Tiles in a £3 million deal, saving the brand but resulting in over 100 job losses. Discover the details of the acquisition.
14,000 UK households get IHT bills after gifts fail
HMRC has sent inheritance tax demands to 14,000 households after gifts given before death fell foul of the seven-year rule. Discover the tax rates and expert advice.
Brewery Defies 'Last Orders' Rumours
Warwickshire's Purity Brewing issues defiant statement after reports it was 'on the brink'. The firm confirms protective measures but vows to keep trading. Read the full story.
Versarien Files Notice to Appoint Administrators
Advanced materials firm Versarien has filed a notice of intention to appoint administrators after rescue talks collapsed. The AIM-listed company's shares are now suspended.
State pensioners face 87% tax in HMRC shake-up
Pensioners could see 87% of their savings lost to a double tax under new Labour reforms. Learn how this affects you and what you can do to protect your family's future.
£7tn wealth transfer changing UK money control
A massive £7 trillion wealth transfer is underway in the UK, shifting control from older generations to younger ones and significantly empowering women. Discover how this historic change affects families and why professional financial advice is crucial.
Sandy Gall leaves £331k fortune to his children
Beloved ITV newsreader Sandy Gall bequeaths a substantial fortune to his four children. Discover the legacy of the legendary journalist who reported on historic events.
1,300 face HMRC punishment for family gifts
HMRC is punishing 1,300 people for gifting money to family. IHT on gifts surged 153% to £256m. Learn how to avoid tax penalties.
Inheritance Tax Change Threatens Pension Pots
Chancellor Rachel Reeves' Autumn Budget confirms inheritance tax rule changes impacting pensions from 2027. Unmarried couples face significant financial risks. Learn how to protect your assets.
Berwick Hospital Work Resumes After Collapse
Construction restarts on Berwick's £35m community hospital with a new interim contractor after Merit's administration. The NHS trust reassures the community on progress.
Timber Group Collapse: 550+ Jobs Lost in UK
National Timber Group, the UK's largest independent timber distributor, enters administration with 561 redundancies and 13 site closures. Administrators launch urgent sale process.
Farmers protest inheritance tax with Westminster tractors
UK farmers park tractors in Westminster, defying a police ban, to protest Rachel Reeves' 20% inheritance tax on agricultural assets over £1m. Read their demands.
Versarien considers administration after sale fails
Troubled graphene maker Versarien is considering administration after a crucial £200,000 asset sale collapsed. The Gloucestershire firm has been battling financial crises throughout 2025.
Tractors Banned from Budget Day Farmers' Protest
Farmers are banned from bringing tractors to a Westminster protest against inheritance tax changes on Budget Day. Police cite risk of 'serious disruption'. Read the latest.
6.7m Pensioners Risk Losing Premium Bond Prizes
A financial warning for 6.7 million state pensioners with NS&I Premium Bonds. Act now to protect your inheritance and avoid unexpected tax bills ahead of potential rule changes.
Hull Manufacturer Folds Following £585k Dispute
Kingston Modular Systems in Hull enters administration, resulting in 62 redundancies after a client withheld £585,000, causing critical cash flow issues. Discover the full story behind the collapse.
Birmingham law firm collapses with job losses
Bell Lax Solicitors in Sutton Coldfield enters administration, resulting in redundancies. Discover the impact on the West Midlands legal sector and the reasons behind the collapse.
23 Jobs Saved as West Midlands Bakery Rescued
The future of Sunrise Bakery, a family-run craft business founded in 1966, has been secured, protecting all 23 jobs. Discover how the acquisition saved this Smethwick institution.
HMRC slammed over 'inhumane' inheritance tax crackdown
Former Pensions Minister Steve Webb warns families face a 'ticking clock' as HMRC's inheritance tax changes on pensions come into force from 2027. Learn how to prepare.
Claire's closes 4 UK stores this week after administration
Claire's Accessories is closing four more British stores in Halifax, Salisbury, Sheffield, and Winchester this week following its collapse into administration, with massive clearance sales underway.
Holiday park operator collapses, 11 resorts hit
Cove UK's parent company enters administration, impacting 11 British holiday parks. Administrators are seeking buyers. Guests with bookings advised to contact site managers.
New Inheritance Tax on Pensions from 2027
Chancellor confirms inheritance tax will extend to pensions from April 2027. Experts urge pensioners to review 'expression of wish' documents and financial planning now.
Page 2 of 3