Published On: Sat, May 25th, 2024

Inheritance tax expert answers 10 ‘common’ questions – from pensions to gift rules | Personal Finance | Finance


Senior couple looking through their bills while using a digital tablet

Inheritance tax expert answers 10 ‘common’ questions – from pensions to gift rules (Image: Getty)

Ignorance of certain inheritance tax rules is leaving people increasingly at risk of landing loved ones with a bill after death, an expert has said.

HMRC raked in £700million in inheritance tax receipts in April alone, marking an increase of a staggering £85million compared to the same period before. Britons are being urged to start planning their finances “as early as possible” to pass down…



Source link