IHT
Tax & Regulation | 26 Oct 21
Time to stop calling for a wealth tax?
Even though 30 millionaires have recommended the chancellor introduce one
Should pensions be liable for IHT?
One industry expert warns changing the rules would be ‘particularly harsh and unjustified’
HMRC opened 3,600 IHT investigations last year
Generating an extra £254m in tax revenue over the 12 months
IHT receipts surge 29%
Budget rumour mill has ‘begun and questions surrounding inheritance changes are beginning to form’
74% of Brits have done nothing to reduce future IHT bill
There is ‘a huge opportunity for further education and guidance’ on inheritance tax planning