A major HMRC rule change will see pension wealth included in Inheritance Tax calculations from 2027, hitting thousands of estates with an average £34,000 bill. Experts advise proactive planning now.
A major HMRC rule change from April 2027 means unused pensions may be hit by inheritance tax, potentially causing sudden six-figure bills and liquidity crises for families. Learn the risks now.
Birmingham City Council has sold over 1,000 properties and plots of land, raising £250m to tackle its financial woes. Discover the full scale of the asset sales and what it means for the city's future.
Thousands of estates face higher Inheritance Tax bills from 2027 when pension wealth is included. Financial advisers report clients are already taking proactive steps to mitigate the impact.
Birmingham households must clear snow from driveways as Storm Goretti brings heavy snow on January 9. Failure to do so correctly could lead to lawsuits. Expert advice inside.
A legal expert warns a widespread myth about wills is pushing middle-income families into an unnecessary Inheritance Tax bill. Discover how to protect your estate.
Birmingham City Council faces a critical year with ongoing strikes and financial fragility. Commissioners see progress but warn of major risks ahead. Read the full analysis.
Chancellor Rachel Reeves confirms the inheritance tax freeze until 2031, doubling the number of families paying the 40% levy. Experts warn of a stealth raid on modest estates.
HMRC inheritance tax on cash gifts surges 153% in a decade, ensnaring over 1,000 families. Learn the complex rules to avoid a hefty tax bill.
HMRC has increased the IHT nil-rate band for business and farming assets to £2.5m per person from April 2026, offering relief to family-owned enterprises. Read the full details and expert reactions.
The government raises the IHT threshold for farmers to £2.5m, a policy U-turn experts warn inflates land prices and benefits wealthy investors over family farms. Read the full analysis.
UK inheritance tax receipts reach £5.8bn in eight months, driven by frozen thresholds. Experts warn the 'quiet' revenue raiser is forecast to hit £14.5bn by 2031. Read the full analysis.
The government's lead commissioner warns a 'that'll do' attitude must be broken for Birmingham City Council to recover. Key financial deadlines are set for early 2025.
Birmingham City Council's finance boss and a leading academic critic clashed over whether the council's 2023 bankruptcy was necessary. Read the explosive debate on the £760m equal pay liability.
HMRC is punishing 1,300 people for gifting money to family. IHT on gifts surged 153% to £256m. Learn how to avoid tax penalties.
Thousands of state pensioners could face £200.17 tax bills from HMRC as frozen income tax thresholds clash with rising pension payments. Learn how the Autumn Budget affects retirees.
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.