Families face 15-month wait for inherited pensions
New HMRC rules could see grieving families wait over a year to access half of inherited pension funds. Learn how the Autumn Budget changes impact you.
Category : Search result: inheritance administration
Farm Inheritance Tax Threshold Raised to £2.5m
The government has tripled the inheritance tax threshold for farmland to £2.5m following pressure. Critics say it doesn't go far enough to protect family farms. Read the full story.
Bereaved families could face £140k council tax bills
Bereaved families could be hit with six-figure bills due to deferred council tax payments on high-value homes. Learn about the new surcharge and its long-term impact.
IHT Freeze Extended: 63,000 Estates to be Hit
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 targets 1,300 households over cash gift tax
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.
New HMRC Rule Allows £2m Inheritance Tax-Free Transfer
Chancellor Rachel Reeves announces a major inheritance tax rule change for farmers and business owners. From April, couples can transfer unused relief, shielding up to £2m from tax. Discover the impact and reaction.
Older couples marry to avoid pension inheritance tax
Chancellor Rachel Reeves confirms pensions will be subject to inheritance tax, prompting a surge in older couples marrying for financial security. Discover the drastic steps being taken.
TGI Fridays UK closures put 500 jobs at risk
TGI Fridays enters administration, closing 49 UK restaurants. 500 staff face redundancy due to 'insurmountable' economic pressures. Read the full story and list of closures.
Inheritance Tax Break for Family Farms and Businesses
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.
Labour U-turns on inheritance tax threshold for farmers
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.
Inheritance Tax Rise for Farmers Watered Down
The UK government has revised its inheritance tax plans for farmers after protests. The new rules allow couples to pass on up to £5m. Find out what changed.
Major UK construction firm Warwick Ward enters administration
Warwick Ward (Machinery) Ltd, a major UK construction equipment supplier, has collapsed into administration after 55 years, making nearly all 89 staff redundant. Read the full story on the economic pressures behind the failure.
Probate document fees jump from £1.50 to £16 per copy
The cost of obtaining probate copies in the UK has surged to £16 each, a tenfold increase. Families now face £460 for a standard application. Discover the impact and expert advice.
Inheritance tax relief threshold rises for UK farmers
Chancellor Rachel Reeves announces a major U-turn, raising the agricultural property relief threshold to £2.5m from April 2026. This change will protect family farms from hefty inheritance tax bills. Read the full details.
TGI Fridays UK Owner Files for Administration
The Liberty Bar and Restaurant Group, which runs TGI Fridays in the UK, has filed to appoint administrators for the second time in December, casting uncertainty over its 49 sites and 2,000 staff.
TGI Fridays UK files for administration, 49 restaurants at risk
The future of TGI Fridays in the UK is in doubt as its parent company files a notice to appoint administrators for the second time in weeks. See the full list of 49 restaurants affected and what it means for 2,500 staff.
Earthmoving equipment supplier Warwick Ward enters administration
Warwick Ward, a major UK earthmoving equipment supplier, has collapsed into administration, making 89 staff redundant. The firm cited economic pressures and a failed employee buyout. Read the full story.
Sixes Cricket Bar Chain Enters Administration
Sixes, the cricket-themed entertainment chain backed by Ben Stokes, has collapsed into administration, putting 16 venues across England at risk just before the festive season.
Major UK machinery firm collapses into administration
Warwick Ward Machinery Ltd, a major UK supplier, has entered administration after 55 years, citing economic pressures on construction. 89 jobs are at risk. Read the full story.
TGI Fridays UK Owner Files for Administration Before Christmas
Liberty Bar and Restaurant Group, which runs TGI Fridays in the UK, has filed a notice to appoint administrators just days before Christmas. The move marks the second such filing in two weeks.
UK Christmas gifts risk 40% inheritance tax charge
Personal finance experts warn UK families about HMRC's £3,000 annual gift allowance. Exceeding it could trigger a 40% inheritance tax bill if the giver dies within seven years. Learn the rules to protect your loved ones.
Construction firm Warwick Ward enters administration, 89 jobs lost
Barnsley-based Warwick Ward (Machinery) Ltd has collapsed into administration, making nearly all 89 staff redundant. Economic headwinds and EOT transition debt cited as key factors.
TGI Fridays UK owner files for administration again
Liberty Bar and Restaurant Group, which runs TGI Fridays in the UK, has filed to appoint administrators for the second time in weeks, casting a shadow over the festive period. Read the full story.
Pensioners face tax hit as thresholds frozen under Labour
Chancellor Rachel Reeves's Budget reforms, with frozen income tax thresholds, are set to push retirees with modest savings into paying tax. Experts warn of fiscal drag and inheritance tax implications.
Toolstream in administration, 111 jobs axed
Major UK DIY distributor Toolstream has collapsed into administration, blaming post-COVID supply issues. 111 jobs have been cut as administrators seek buyers. Read the full story.
Sixes bar chain collapses, 16 UK venues at risk
Sixes, the cricket-themed bar chain backed by Ben Stokes, has entered administration. Its 16 UK venues, including Birmingham's Mailbox, are at risk as administrators seek a rescue deal.
Sixes bar chain collapses, 16 UK venues at risk
Sixes, the cricket-themed bar chain backed by Ben Stokes, has collapsed into administration, putting 16 venues including Birmingham at risk. Read the latest on the rescue efforts.
Premier Forest Products Buys Arnold Laver Sites from Administration
Premier Forest Products rescues two Arnold Laver sites in Reading and Manchester, securing 36 jobs with plans to create over 100. Read about the deal and its impact on the UK timber industry.
Inheritance Tax receipts hit £5.8bn, up £84m
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.
Martin Lewis warns of 40% ISA tax on death
Martin Lewis warns ISA savings face a 40% Inheritance Tax hit. Key details on spousal transfers, allowance changes from 2027, and how to protect your money.
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