With a background in financial journalism across national titles, Ruby loves helping people take control of their money and specialises in pensions, tax, banking and benefits. If you plan to pass on ...
With inheritance tax (IHT) bills rising fast, giving financial gifts to your loved ones early could be a great way to reduce your inheritance tax bill. Last tax year, IHT revenues hit a record high of ...
The recent news on the re-introduction of inheritance tax has made a lot of people panic. However, it needs to be noted that news like this often circulates every few years. While there is less ...
Rachel Reeves has confirmed major changes to Inheritance Tax as part of her Autumn Budget. Inheritance Tax is sometimes paid on the "estate" of someone that has died - this includes property, ...
An inheritance tax is levied when a beneficiary inherits assets from the estate of someone who died. There is no federal inheritance tax, but five states currently levy this tax: Kentucky, Maryland, ...
If you pass away and leave property, money or possessions to a loved one, your estate may owe a tax to the government. While there is no federal inheritance tax, some states do require that some ...
Rachel Reeves will bring unspent pensions into the scope of inheritance tax from April 2027 The value of gifts made using a little-known inheritance tax loophole has nearly tripled in a year as ...
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