24/7 Wall St7h
Considering Early Inheritance? How to Navigate Gift and Estate Taxes
Strategic use of gifting disbursements before one's demise can help to ensure the maximum amount of bequests to one's heirs ...
The Portugal News11h
Practical Tax Guide to Inheritance and Gifts Received in Portugal
Estate planning is necessary, as Benjamin Franklin would agree with his quote ‘Nothing is certain except death and taxes’.
‘I’ve worked in the RAF and NHS and own four businesses – should I quit Britain to cut my tax bill?’
Money Makeover: our reader is concerned his personal sacrifices aren’t enough to shield his wealth ...
‘My pension was inheritance tax-free – now I face a £470k bill’
Dear Mike, Everyone in the farming community is up in arms about the inheritance raid by “Rachel From Accounts”, ...
Taxpayers With Missed IRS Form 3520 Filings Face Tough Decisions
If a taxpayer misses the filing deadline, the IRS may impose significant penalties (up to 25% of the amount of the foreign ...
Death benefits will be hit with inheritance tax: How will the cash grab affect bereaved families?
The Government's plan to levy inheritance tax on death benefits has received far less attention than pensions, but could be ...
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I'm worried inheritance tax 'seven-year gift' rules may change - what can I do
Under the current scheme, you can give away as much money as you like, inheritance-tax free, as long as you live seven years ...
northern-scot.co.uk14h
North-east farmers rally to protest ‘cruel’ family farm tax policy
A protest rally by north-east farmers last Saturday saw Conservative MP for Gordon and Buchan Harriet Cross and the SNP’s ...
Inheritance tax grab warning as HMRC suspects £325million underpaid last year
Under the current laws, you need to pay 40% Inheritance Tax on your "estate" - so your property, money and possessions - that ...
The injustice of Labour’s inheritance tax raid has already been exposed
The death of a senior member of a family business is a time of great sadness, but also a natural point at which to reflect on ...
HMRC suspects £325m IHT underpayment amid tax hike concerns
The UK's tax authority, His Majesty’s Revenue & Customs (HMRC), is eyeing a potential £325m underpayment in Inheritance Tax ...
HMRC inheritance tax rule change means 153,000 UK households could lose out
An inheritance tax alert has been sounded as 153,000 households face the prospect of new or increased bills following a change in rules. The Labour Party's Budget announcement from last October is set ...