Tax Blog

HMRC achieves a record levels of inheritance tax

There has been a 15% hike in the number of estates liable to pay inheritance tax in recent years and HMRC has been the beneficiary – to the tune of a record-breaking £5.4bn in 2018/19 According to figures released in…
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Capital Gains Tax overhaul ‘to raise £90bn’?

Bringing taxation on assets in line with the regime for income tax could raise £90bn over five years, according to a recent report from the Institute for Public Policy Research (IPPR) which is calling for the removal of the capital…
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Inheritance Tax Unclear for Many People

Some 40% of people do not know how much money can be passed on free of inheritance tax (IHT), research from Zurich has found. Statistics from the provider also showed 36% of over 55s did not know how much they…
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‘Inheritance Tax Planning with Investment Property’

‘Inheritance Tax Planning with Investment Property’, is now available for you to download at absolutely no cost today, Tuesday 4th June, and for the next two days.  Simply go to Amazon Books and type in ‘Steve Parnham’ or follow this…
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IHT tax receipts breaks records again hitting £5.4bn

Inheritance tax receipts have increased to a record £5.4 billion in the 2018/19 tax year according to HM Revenue and Customs figures published in late April. Receipts increased by around £160 million in just a year from £5.2 billion in…
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