Inheritance tax – a mixed bag
No headline grabbing inheritance tax changes this year, but some anti-avoidance measures and a couple of welcome reliefs.
2024 Autumn Budget Summary
Our analysis of the announcements in the 2024 Autumn Budget has been published hereRachel Reeves’ Budget 2024 Key Points
Implemented immediately Capital Gains Tax rates for disposals on or after 30 October 2024 rise from 10% to 18% (basic rate taxpayers) and 20% to 24% (higher rate taxpayers); the higher rate for residential property remains 24%; Lifetime limit for gains qualifying for...Death, taxes and now your pension?
With key changes announced for Inheritance Tax on pension pots and no increase to the nil-rate band, what does this mean for estate planning?
A scythe to APR and BPR
Reforms severely restricting Agricultural Property Relief (APR) and Business Property Relief (BPR), will come into effect from April 2026.