Each individual can pass on total assets worth up to £325,000 when they die, with an additional £175,000 allowance if you are ...

Britain's government is likely to halve the amount of cash that people can put in tax-free savings accounts at next month's ...

Fears are mounting that Rachel Reeves will tax those who have diligently worked to build their wealth in her upcoming Budget.

The lump sum allows you to take up to 25 percent from your pension pots as a tax-exempt lump amount, as long as the total is ...

Private pension wealth that is passed on will also be brought into inheritance tax from April 2027, the chancellor announced.

Making regular gifts from surplus income is a highly effective way to pass wealth to family, free of inheritance tax.

I am one of the people that will be adversely affected by Rachel Reeves' unwarranted raid on unused pension pots. Currently, this change will mean an additional inheritance tax charge of about ...

UK households are being urged to "consider" gifting family £3,000 ahead of a potential Labour Party government Autumn Budget ...

Persistently high inflation and higher-than-expected government borrowing are adding to the pressure on Chancellor Rachel ...

For higher-rate taxpayers, the personal savings allowance is £500. Additional-rate taxpayers, those who earn more than ...