A new study has revealed that almost a third (30 per cent) of UK adults do not fully understand key Inheritance Tax (IHT) terminology, while a similar number are unaware of the rate at which IHT is charged.
Bruce Forsyth ‘disinherits’ his children to beat IHT
Sir Bruce Forsyth sadly passed away back in August 2017, but in recent days, probate records have emerged suggesting that the much-loved entertainer ‘disinherited’ all of his children in his Will.
Important changes to IHT400 compliance checks
HM Revenue & Customs (HMRC) has unveiled a number of important changes to the ways in which it processes IHT400 estate returns.
New IHT changes take effect from today
Important changes to Inheritance Tax (IHT) take effect today, which enable married couples and civil partners to pass on a potential £900,000 completely tax-free.
‘Widespread confusion’ over IHT and ISAs
New research published this week has revealed that there is still ‘widespread confusion’ among UK adults regarding the rules governing Inheritance Tax (IHT) and ISAs in England and Wales.