The Budget & Inheritance Tax
There had been rumours of changes to the death benefits on pensions or restricting the ability to claim business relief on AIM shares, but these have escaped unscathed for the moment. Fiscal Drag From the start of the new tax…
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UK Inheritance Tax bill hits £5.9 billion
Inheritance tax receipts for April 2022 to January 2023 are £5.9 billion, which is £0.9 billion higher than in the same period a year earlier, according to the latest data from HMRC. In 2019/20 the average inheritance tax bill was…
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