State Pensioners Could Face an Astonishing 87% Tax Bill Under New HMRC Rules Thursday, November 20, 2025 pensions taxation inheritance estateplanning pensionfreedoms hmrc iht residenceallowance retirement wealthmanagement From April 2027, some state pensioners may find themselves hit with an inheritance tax bill as high as 87% on their pension savings. This stark change is due to the Labour government’s intention to close a tax loophole … Read More
UK Households Advised to Gift Money to Children Before HMRC Pension Tax Changes Sunday, November 16, 2025 inheritance gifts pensions taxation hmrc wealth families financialplanning taxfree estates As the UK government prepares to include pensions in the inheritance tax (IHT) net starting in 2027, families are seeking effective ways to protect their assets. One strategy gaining attention is gifting money to children or … Read More
HMRC Warns UK Households Against Early Pension Cash Withdrawals Amid Budget Speculation Tuesday, November 11, 2025 hmrc pensions tax lumpsum retirement finance taxcharge budget inheritance investments HMRC is signaling potential penalties for UK households considering withdrawing their tax-free pension lump sum ahead of the upcoming Labour Party Autumn Budget in two weeks. Currently, most people can withdraw up to 25% of … Read More
HMRC Considers Ending Exemptions on UK's Most Hated Tax Tuesday, November 11, 2025 inheritance tax hmrc uk budget exemptions pension gifting wealth finance UK households may soon face the removal of key exemptions on inheritance tax (IHT), long known as the country’s most unpopular tax. Chancellor Rachel Reeves is set to deliver the Autumn Budget on November 26 amid … Read More
Campaigners Demand Reform of State Pension Rules to Include More Loved Ones Monday, November 10, 2025 pension inheritance dwp statepension petition beneficiaries dependents policy reform government Campaigners are pushing for a much-needed reform of the Department for Work and Pensions’ (DWP) State Pension inheritance rules. A petition on the Parliamentary website urges both the DWP and the Labour Party to update the … Read More
UK Households Braced for a Trio of HMRC Inheritance Tax Changes Sunday, November 2, 2025 inheritance taxation budget hmrc wealth chancellor housing government fiscal middleclass UK households are facing what experts are calling an “unwelcome hat-trick” of inheritance tax (IHT) changes in the upcoming Labour government’s Autumn Budget. Chancellor Rachel Reeves will deliver the Budget on November 26, … Read More