“HMRC lacks staff to investigate over 5.7 million offshore tip-offs”

“IHT to be ‘battleground policy’ in general election as receipts continue to grow”

Jan 1, 2024 | Tax

Just when you thought Inheritance Tax was to become yesterday’s news, it’s back as, apparently and potentially, a ‘battleground policy’ as the election looms.

“Donating to charity via a will could see beneficiaries profit”

Dec 6, 2023 | Tax

Including gifts to charity in your will is a nice thing to do, but it’s often only for those without anyone obvious to whom they can leave their worldly worth. Or perhaps when there are obvious recipients they don’t wish to benefit; families can be funny things.

“HMRC scraps plans to tax pensions after death”

Nov 25, 2023 | Tax

A couple of other Statement Highlights (in my world, anyway). A welcome ‘nothing happened’ on the treatment of pensions on death. They were never going to be liable to IHT (too complicated with trusts and trust law) but there was talk of making them income-taxable on the recipients at whatever age you die.