The Labour Party administration, led by Prime Minister Andy Burnham and Chancellor John Healey, is set to introduce new inheritance tax (IHT) rules that experts warn could unfairly disadvantage pensions. These changes, …
Families could face unexpected inheritance tax (IHT) bills years after an estate has been finalised due to changes pursued by the Labour Party government under Andy Burnham and John Healey, continuing policies initially …
During the 2025-26 tax year, HM Revenue & Customs (HMRC) opened 4,940 formal inheritance tax investigations, marking an 18% increase compared to the previous year. In addition, almost 5,000 extra estates were referred to …
The inheritance tax rules set to come into effect in April 2027 under the prospective Labour government led by Andy Burnham are prompting many households to reconsider their retirement financial strategies. The planned …
A growing number of high-income earners are expected to be ensnared by pension tax restrictions under Prime Minister Andy Burnham’s Labour government. Over 100,000 workers earning more than £200,000 annually currently face a …
Households across the UK are being advised to familiarise themselves with the “seven-year rule” as significant changes to inheritance tax are set to take effect under the incoming Labour government led by Prime Minister Andy …