Alternatively, he says, “there are many different forms of gifting that you can make use of to support family members and potentially mitigate an inheritance tax burden”.

Source: https://www.theguardian.com/lifeandstyle/2023/oct/08/does-your-12-year-old-have-a-pension-yet-the-best-financial-advice-for-every-stage-of-your-childs-life

But there is already unease among those in vulnerable red wall areas in the Midlands and north of England at growing suggestions that Hunt is considering spending billions on an inheritance tax cut – only paid by less than 4% of the most valuable estates.

Source: https://www.theguardian.com/money/2023/nov/18/jeremy-hunt-faces-red-wall-revolt-if-he-delivers-a-budget-for-the-rich

He also suggested that reducing taxes on working people should be the priority - even though rumours have been swirling that the PM will slash or even scrap inheritance tax.

Source: https://www.dailymail.co.uk/news/article-12580683/Rishi-Sunak-kicks-crucial-pre-election-Tory-conference-TODAY-poll-shows-gap-Labour-narrowing-Jeremy-Hunt-hints-country-ballot-boxes-soon-inflation-falls-3.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

How much does inheritance tax raise for the government?

Source: https://www.bbc.co.uk/news/business-36014533?at_medium=RSS&at_campaign=KARANGA

I mean the abolition of inheritance tax (IHT), or at the very least raising by a significant amount the threshold at which it becomes payable.

Source: https://www.dailymail.co.uk/debate/article-12070087/There-heaven-sent-opportunity-win-Rishi-Sunak-election-one-bound.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

Just under half of UK adults (46%) think that inheritance tax is too high compared to only 13% who think it is too low.

Source: https://londonlovesbusiness.com/labour-enjoys-17-point-lead-as-tories-drop-to-lowest-rating-since-liz-truss-was-prime-minister/

Making AIM shares ISA eligible meant investments into AIM shares were potentially free of income tax, capital gains tax and, after two years, inheritance tax – one of the most generous sets of tax reliefs available to UK investors.

Source: https://londonlovesbusiness.com/aim-looking-as-attractive-as-ever-to-iht-conscious-investors-as-it-approaches-ten-year-isa-anniversary/

Many people want to avoid inheritance tax but not many move to the other side of the Earth to do it.

Source: https://www.dailymail.co.uk/money/experts/article-12859851/Festive-tax-treats-Heather-Rogers.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

Mother, 82, who signed over her three-bed flat in £1.4m converted house to her daughter, 52, for 'inheritance tax reasons' nearly 20 years ago is fighting bitter court battle against being kicked out after 'shouting at her granddaughter'

Source: https://www.dailymail.co.uk/news/article-11774467/Cyclone-Gabrielle-New-Zealand-Napier-man-Peter-Lafferty-digs-daughters-grave.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

One of the most important but possibly less understood taxes that can arise when someone dies is that of inheritance tax, or IHT.

Source: https://www.heraldscotland.com/business_hq/23266775.inheritance-tax-can-expensive-without-financial-planning/?ref=rss

Saving this way may help also mitigate an inheritance tax (IHT) liability.

Source: https://www.pressandjournal.co.uk/fp/business/5777158/gary-walker-savings-future-generations/

See the box on the right for an explanation of inheritance tax, and look here for a previous column on how capital gains tax works.

Source: https://www.dailymail.co.uk/money/experts/article-11722575/My-mum-wants-disinherit-sister-tax-pay-split-share-her.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

So how much is inheritance tax, how does it work, and what are the best ways to shield your family from paying it.

Source: https://www.dailymail.co.uk/money/pensions/article-12360455/How-inheritance-tax-calculated-grieving-families-know-levy.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

Speaking to the New Statesman’s Path to Power conference yesterday, Burnham proposed funding a National Care Service through replacing inheritance tax with a “care levy” that everyone would pay, with the wealthiest contributing the most.

Source: https://leftfootforward.org/2023/11/andy-burnham-calls-for-basic-income-and-overhaul-of-inheritance-tax-to-fund-a-national-care-service/

This was echoed by Charles Hall, head of research at investment bank Peel Hunt, who said extending inheritance tax relief would be a 'very realistic' approach that could relieve takeover pressure on small and mid-cap companies.

Source: https://www.dailymail.co.uk/money/markets/article-12604925/Calls-tax-relief-turbocharge-UK-stock-markets.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

'Threats to impose inheritance tax may drive farmers to just give up.'

Source: https://www.dailymail.co.uk/news/article-12576961/Farms-sold-Labour-inheritance-tax.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

While Chancellor Jeremy Hunt had considered cutting inheritance tax, sources said the focus of the Autumn Statement would be to promote growth - on which inheritance tax has minimal impact.

Source: https://www.bbc.co.uk/news/uk-politics-67472117?at_medium=RSS&at_campaign=KARANGA

While Chancellor Jeremy Hunt had considered cutting inheritance tax, sources said the focus of the Autumn Statement would be to promote growth - on which inheritance tax has minimal impact.

Source: https://www.bbc.co.uk/news/uk-politics-67472117?at_medium=RSS&at_campaign=KARANGA

Why is inheritance tax so unpopular?

Source: https://www.dailymail.co.uk/money/pensions/article-12073611/Should-inheritance-tax-abolished-rate-cut-limit-raised.html?ns_mchannel=rss&ns_campaign=1490&ito=1490