Tag: Inheritance Tax

Inheritance Tax BPR and APR £1m Zero Rate Band

Written by Tony Shackleford on October 30, 2025.

The changes to APR and BPR announced in the Oct 24 budget come into effect on 6 April 2026. However the impact of the changes on gifts made prior to 6 April 2026 need to be considered. Where a...

APR, BPR, BPR and IHT, IHT, Inheritance Tax

Inheritance Tax and HMRC

Written by Tony Shackleford on June 16, 2025.

The number of estates affected by Inheritance Tax (IHT) is being forecast to increase by 50% by 2030. The government is forecasting that taxation rasied by IHT will increase from £5.5 billion in...

IHT, IHT and HMRC, Inheritance Tax, Inheritance tax raised, Tax enquiries IHT

IHT and CGT tax receipts

Written by Tony Shackleford on February 26, 2025.

IHT tax receipts for 2024/25 are forecast to be the highest on record, with tax revenue being in excess of £7.5 billion. The increase can be put down to the rapidly increasing house prices, which...

Capital gains tax, CGT, IHT, Inheritance Tax

Budget Summary

Written by Tony Shackleford on December 2, 2024.

The key points of this years budget are: Inheritance tax – Business Property Relief and Agricultural Property Relief being reduced by approximately 50%. Capital gains tax for assets other...

Agricultural Property Relief, Budget, Business Property Relief, Capital gains tax, employers nic, Employment allowance, Inheritance Tax

Tax Changes Forecast For New Government

Written by Tony Shackleford on July 9, 2024.

Before the election the Institute of Fiscal Studies announced that the new government would have to significantly reduce spending or increase taxes, ot both in order to control government debt....

Capittal Gains Tax, Inheritance Tax, Tax changes, Tax increase, Tax Increase foloowing general election, Tax Labour Government, Vat