We look at how changes to CGT could result in a “double death tax”, and the likelihood of it happening. When someone dies, the main tax that beneficiaries worry about is inheritance tax (IHT).
Budget, Reeves announced that she would charge IHT on unused defined contribution pension pots from March 2027. Currently, ...
If you’ve built up a large pension pot to pass onto loved ones, should you rethink your retirement strategy, and what are your options to prevent a double death tax whammy? Reeves announced in ...
A landmark legal ruling means families that tried to avoid inheritance tax through controversial “home loan” schemes may be ...
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Surge in retirees raiding their pension pots to avoid inheritance tax chargesMore pensioners are opting to take pension income early to avoid being double - or even triple - taxed later in life ...
Many people may feel taxed to death, but it's actually more than that. After you die, there may still be taxes to pay. Death can be a tax-triggering event. And there are two you should be aware of ...
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