I have long believed that “a gift given is a gift given”, and money given to children should be on a non-recourse basis. But ...

The other plank of the tax code, the estate tax and gift tax (along with the generation-skipping transfer tax, adopted to ...

In simple terms, you’ve “given away” the home but still benefit from it, which means the property hasn’t really left your ...

How can you make financial gifts to your family safely, without the risk of the local authority coming for the money many ...

The 2025 tax landscape has changed due to the GOP tax and spending law, referred to by some as the “big, beautiful bill,” signed by President Trump on July 4, 2025. This multibillion-dollar ...

An Inheritance Tax Rule, more particularly the 7-year rule, means you don't have to pay a penny. However, we may have to say ...

From coins to jewellery, gold remains a favourite Diwali buy. However, not everyone realises that certain tax rules apply ...

From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...

Under income tax laws, gift taxation depends on the giver and the total value received in a financial year. Gifts from close ...

From inheritance tax and pensions to stamp duty and fuel duty, the chancellor could target many different areas in her bid to ...

There’s no inheritance tax in Australia, but there are plenty of other levies that can catch you out if you’re not prepared.

HMRC has clarified the tax rules that apply when selling items online. The revenue authority outlined some of its ...