Pensioners face 87% inheritance tax under Labour
Labour's plan to close a pension tax loophole could see some retirees facing an effective 87% inheritance tax rate from April 2027. Experts warn this requires urgent financial planning.
Labour's plan to close a pension tax loophole could see some retirees facing an effective 87% inheritance tax rate from April 2027. Experts warn this requires urgent financial planning.
Claire's accessories store vanishes from Richmond high street as part of major closures following US bankruptcy and UK administration. Find your nearest store.
Cramlington-based modular construction firm Merit enters administration, resulting in over 300 redundancies and halting work on major projects like Berwick Infirmary. Administrators seek solutions.
The popular Middletons Steakhouse & Grill chain has been rescued from administration, securing the future of its seven UK restaurants and preserving jobs for staff.
Middletons Steakhouse & Grill rescued from administration by its shareholders, safeguarding all 159 jobs across its seven restaurants in England. Read the full story.
UK households can protect wealth by gifting surplus income tax-free before pensions fall into the inheritance tax net in 2027. Learn the three key rules to follow.
The 'fine fast food' chain Yolk has entered administration, closing three London sites and accumulating debts of nearly £1.7 million. Discover the full story behind the collapse.
Pensioners are urged to act now to protect their finances from potential inheritance tax and pension rule changes in Rachel Reeves' Autumn Budget on November 26.
Popular UK restaurant chain The Coconut Tree enters administration, putting jobs at risk across its nine locations due to an unpaid £1.6 million tax bill to HMRC.
Northumbria Healthcare NHS Trust confirms robust plans to continue Berwick's £35m community hospital construction after contractor Merit files administration notice. Learn how the project will proceed.
Chancellor Rachel Reeves may target inheritance tax gifting rules in the Autumn Budget to plug a public finance hole. Discover the potential changes and their impact.
HMRC could issue hefty tax charges for pension lump sums withdrawn before the Autumn Budget. Experts warn against rash financial decisions that risk long-term security.
Two major Scottish seafood processors, Kenmore Sea Foods and Falfish Scotland, have collapsed into administration, threatening jobs and shaking the fishing industry despite ongoing buyer interest.
Joint administrators for Eastern Airways are actively seeking interest from potential investors as the regional airline undergoes significant restructuring, with key routes and operations hanging in the balance.
A legal notice has been published regarding the estate of Philip David George Rogers of Noss Mayo, Devon, inviting creditors and claimants to come forward.
Another UK energy supplier enters administration, leaving customers protected under Ofgem's safety net. Here's what affected consumers need to know.
The renowned homeware and tiles specialist Fired Earth enters administration, triggering immediate closure of all UK showrooms and putting jobs at risk across the country.
British home furnishings retailer collapses into administration, closing all 30 stores and making 250 staff redundant in devastating high street blow.
Jeremy Hunt's proposed inheritance tax reforms may lead to unexpected bills for thousands of families. Experts warn the changes could create a 'stealth tax' hitting middle-class estates.
A major shake-up in inheritance tax rules means families can now gift money without tax worries. Discover how this change could benefit your financial planning.
Millions of Britons face a hidden tax storm as frozen thresholds and policy changes silently push household bills higher. Discover the dozen fiscal measures draining your finances.
Chancellor Rachel Reeves is reportedly considering six major tax reforms that could reshape Britain's financial landscape, from inheritance tax to council tax overhauls.
Beloved UK retailer Wilko enters administration, putting 12,500 jobs at risk as all 400 stores prepare to close permanently by early October, marking the end of an era for British high streets.