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, ...