Inheritance tax
-
Investment companies have called on the chancellor to ditch budget plans to apply inheritance tax on undrawn pensions. A letter penned by the chief executives of AJ Bell, Hargreaves Lansdown, Interactive Investor and Quilter, which collectively manage £430bn of investments for UK customers, says there is “concern” about the proposals put forward by Rachel Reeves.…
-
Inheritance tax receipts surged to a record high last year due to the government freezing the threshold at which you start to pay. Official figures show the government received £7.5bn in inheritance tax (IHT) receipts in the financial year to the end of March – an increase of £400m on the same period the previous…
You must be logged in to post a comment.