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Inheritance tax already up 10 per cent
Reeves rakes in record £2.2bn from ‘death tax’
The Chancellor raked in a record £2.2bn in inheritance tax receipts in the three months to September, ahead of an expected raid in Rachel Reeves’s maiden Budget next week.Inheritance tax brought in £736m for the Chancellor last month alone,
What is inheritance tax and what changes could Rachel Reeves make to it in the autumn Budget?
The chancellor may be forced to increase taxes to reduce the shortfall in government spending and pay for public services
Inheritance tax already up 10 per cent as Reeves looks to squeeze levy in Budget, official figures show
Payments swelled the Treasury’s coffers by £4.3bn in the six months since April, £400m more than in the same period in the previous financial year and a rise of 10 per cent, new data from HM Revenue and Customs shows.
IFA Magazine
21h
Three good reasons why Rachel Reeves is unlikely to cut inheritance tax relief on AIM shares | AJ Bell’s Khalaf explains
The potential abolition of inheritance tax relief on AIM shares is one of the countless rumours swirling around ahead of ...
GB News on MSN
2h
Inheritance tax warning: Rachel Reeves to consider reducing spousal exemption in £15bn tax raid against couples
Couple are warned their inheritance tax spousal exemption could be under review as Chancellor Rachel Reeves aims to close the ...
16h
Rachel Reeves set to scrap £60k tax loophole in Budget in yet another blow to Brits
Rachel Reeves is reportedly preparing to scrap a key tax exemption in her upcoming Budget, delivering another financial blow ...
6d
UK to raise more from inheritance tax, BBC reports
British finance minister Rachel Reeves will increase the amount of money raised from inheritance tax at her Oct. 30 budget, ...
1h
on MSN
Budget 2024 latest: Local mayors fear bus, train, and tram funding cuts as Reeves ‘plots Amazon tax’
Local mayors fear bus, train, and tram funding cuts as Reeves ‘plots Amazon tax’ - Chancellor responds to fresh prediction ...
1d
Map reveals 10 countries rich Brits are fleeing to before Rachel Reeves grabs their money
There are concerns over a hike in inheritance and capital gains tax that are expected to be announced in Rachel Reeves' ...
4d
Reeves 'will tax businesses' and Hoy reveals terminal diagnosis
Reeves' Budget plans are in the spotlight for many Sunday papers, while Liam Payne's death continues to draw the attention of ...
5d
on MSN
Reeves warned inheritance tax hike would punish middle classes as Budget backlash intensifies
The duty routinely tops surveys of the most hated tax despite the limited number of people it affects – just 4 per cent ...
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