“Inheritance tax looks set to be the gift that keeps on giving for the chancellor,” said Stephen Lowe at retirement specialist Just Group.
hancellor Jeremy Hunt confirmed the threshold for inheritance tax will be frozen for a further two years in his Autumn Statement back in November.Inheritance tax is charged at 40% of a person’s estate above the tax-free allowance. A reduced rate of 36% is charged if the deceased leaves at least 10% of their assets to charity.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WH Smith, Marks & Spencer and Argos named by HMRC for breaking minimum wage lawRetail giants WH Smith, Marks & Spencer and Argos are among firms who have been “named and shamed” by the Government for breaking the minimum wage law
Source: nottslive - 🏆 96. / 52 Read more »
Live news: Pentagon overcounts value of military aid to Ukraine by $6.2bn\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Source: FT - 🏆 113. / 51 Read more »
Nottingham attacks suspect Valdo Calocane appears in court as judge praises 'dignity' of victims' familiesA man has appeared in court charged with the murders of three people who were stabbed to death in Nottingham.
Source: LBCNews - 🏆 75. / 59 Read more »
These 2 New England cities are ranked top in the country for familiesThe northeastern region of New England has long been characterized by its quaint towns, bustling cities, robust healthcare and education offerings, as well as its scenic natural landscapes. Now, Fortune has ranked two New England cities on top of its list of 50 best places to live for families in 2023. Making the top spot on Fortune’s 2023 ranking is…
Source: NECN - 🏆 20. / 71 Read more »
Families of missing Titanic sub passengers pray for their safe returnThe 21ft vessel was taking a group on an eight-hour trip to the bottom of the Atlantic to see the Titanic shipwreck - with tickets costing close to £200k.
Source: Daily_Record - 🏆 9. / 89 Read more »
Families linked to Titanic disaster divided over $250,000 tours of wreckageThe question of whether the Titanic wreckage should be visited by wealthy tourists divides those with family links to the ship OceanGate offers submersible trips to the wreckage for around $250,000 per person 🔴 sallyguyoncourt reports
Source: i newspaper - 🏆 8. / 89 Read more »