Previously, farming businesses qualified for 100% relief on inheritance tax on agricultural property and business property, but now the tax is being imposed on farms worth more than £1 million, with ...

The government's partial U-turn on what opponents dubbed the "farms tax" was a Christmas present for those who had campaigned against the imposition of 20% inheritance tax from next April. About half ...

Heather has fielded questions about accidental landlords, setting up a trust for a vulnerable adult, and avoiding inheritance ...

Pensions and inheritance are at the forefront of many people's minds ahead of the Budget. In her last Budget, Rachel Reeves announced she will pull pension pots into the inheritance tax net from April ...

Pensions and inheritance are at the forefront of many people's minds ahead of the Budget. In her last Budget, Rachel Reeves announced she will pull pension pots into the inheritance tax net from April ...

When a person inherits money or property, there are two big questions that arise is — should it be reported in the income tax return (ITR) and how will it be taxed. Today's Ask Wallet Wise answers the ...