HMRC
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Child benefit opt outs drop for the first time in over a decade
Holly Tomlinson, financial planner at Quilter comments on the annual Child Benefit statistics: “This latest data shows just how far the High…
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Comment on HMRC tax receipts data
Alex Ranahan at FSL comments on the HMRC tax receipt data. The total receipts for the year to March 2025 were £857bn,…
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IHT receipts show new year-on-year increase – S&W comment
New data published today by HMRC shows that IHT receipts for April 2024 to March 2025 were £8.2 billion, which is £0.8 billion higher than the same…
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50% of advisers seeing higher client demand as wealth tax uncertainty bites
Uncertainty, confusion and fear stemming from Rachel Reeves’s first Budget in October 2024 are contributing to higher demand for advice from both…
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Inheritance Tax enjoys record £8.2 billion tax haul in 2024/25; £750 million up on prior year
This morning’s tax receipts update from HMRC shows that Inheritance Tax (IHT) receipts registered a record high total of £8.2 billion in…
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Key CEO comments on IHT data
Will Hale, CEO of Key has commented on today’s (Wednesday 23 April) IHT tax take data, stating: “The record-breaking IHT receipts sharpen…
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IHT delivers £8.2 billion in 2024/25, its fourth consecutive record year – Just Group comment
This morning’s HMRC update shows that Inheritance Tax (IHT) receipts recorded a total of £8.2 billion in 2024/25 – the fourth consecutive…
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Inheritance tax receipts surge 10.8% in 2024/25 financial year
Inheritance Tax receipts for April 2024 to March 2025 are £8.2 billion, which is £0.8 billion higher than the same period last…
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HMRC set to raise £110m annually by cutting IHT relief on AIM shares
HMRC has confirmed that it expects to raise at least an additional £110m* in Inheritance Tax (IHT) per year by reducing the…
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High Income Child Benefit Charge penalties collapse by 99%
The number of penalties issued to families caught out by the High Income Child Benefit Charge (HICBC) has plummeted by 99%, according…
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Preparing for the 2026 tax shift : succession planning insights for family businesses from legal expert
As sweeping changes to inheritance tax and business relief loom, succession planning has never been more critical. Stephanie Parish, Partner in Private…
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Family Investment Companies come of age! ~ David Batchelor, Wills & Trusts Partnership Ltd, shares an often overlooked estate and IHT solution
The October Budget turned Inheritance Tax (IHT) on its head. Any client that had an IHT liability probably had it increased significantly…
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New data reveals frozen thresholds will drag 18m Brits into paying income tax
New freedom of information data from HMRC, obtained by Quilter has revealed the freeze on income tax thresholds will result in 17.9 million Brits being…
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What can the UK learn from the Balearic Islands’ abolition of IHT? Fascinating insight from legal expert, Ingrid McCleave
As the Balearic Islands scrapped IHT and still manages to post record tax revenues, financial advisers may wonder if the UK could…
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Agricultural Property Relief: Strategic Planning for Financial Advisers and Wealth Managers from Chris Walklett, Bishop Fleming
Agricultural Property Relief (APR) has long been a cornerstone of the UK’s inheritance tax (IHT) framework, providing significant relief for those involved…
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Child abduction fears as non-dom tax reforms spark relocation risks for families, says legal expert
A wave of UK departures due to non-dom tax reforms could see a rise in “international child abduction” cases, says leading private…
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STEP release: global ‘attitudes to Wealth’ report published on attitudes to wealth and tax
STEP, the professional body for trust and estate practitioners, has today launched a major report Attitudes to Wealth – the first STEP survey of its kind…
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Tax year 25/26: What advisers should shine a light on with clients…
We brought you pre-end-of-tax year advice, and now it’s time to look forward past the 6th of April and toward new planning…
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April 5 tax deadline: key steps to not lose out on key savings
With the April 5 tax year end looming, time is running out to maximise tax breaks. Lubbock Fine Wealth Management shares last-minute…
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STEP’s major global survey reveals shifting tax priorities
STEP, the professional body for trust and estate practitioners, has launched a major report Attitudes to Wealth – the first STEP survey of its kind…
