HMRC investigated a third more families over inheritance tax bills in the three years to April 2025 following a government crackdown on underpayments ....
Eight of 10 constituencies with the highest average tax bills were in London... “Fewer than 10pc of estates are forecast to pay inheritance tax in 2030-31, with individuals able to pass on up to £500,000 tax-free and couples £1m.”. .
Inheritance Tax (IHT) receipts for the ten months April 2025 to January 2026 reached �7.1 billion - �0.1bn higher than the same period last year - according to the latest official figures from HMRC....
Families who cope best with inheritance tax (IHT) paperwork are those who plan ahead, say experts. We look at all documents you need to gather, regardless of whether you have an IHT bill to pay ....
Gifts and inheritances can be received tax-free up to certain amounts ... If a parent inherits from their ... In this case, no tax needs to be paid even if the inheritance from the child is over the threshold.
... its recent press release on the inheritance tax, which President Lee Jae Myung labeled as unreliable and rebuked publicly ... 3 press release calling for reforms in the country’s inheritance tax system.
The 40% inheritance tax rate is drastically high - but only applies if you have amassed enough assets for your loved ones to become liable on some chunk of them ....