HMRC has issued an update on a significant change to the inheritance tax system. Families are required to pay the 40% tax on the total assets they inherit above certain allowances. You can pass on up ...

The transferable nil rate bands were claimed in error instead of the spousal exemption and we need to amend this. As far as I can see there is no time limit for this ...

Known as the “death tax”, the country’s least favourite tax is on the increase. Families paid £2.6bn worth of inheritance tax between April and July this year alone it was revealed this week – up by ...