Andy Burnham Proposes £21,150 Tax Charge on Households with £50,000 Assets Thursday, July 9, 2026 tax cgt capitalgainstax inheritance investment wealth taxpolicy labour assets estates Andy Burnham, the new Labour MP for Makerfield, is at the center of growing concerns around proposed changes to Capital Gains Tax (CGT) policy, which could significantly increase the tax burden on many families. Two major … Read More
'I Spent My £10k Inheritance in Months — Now DWP Wants to See My Bank Statements' Sunday, July 5, 2026 universalcredit dwp inheritance benefits compliance debt savings anxiety reddit financialsupport A Universal Credit claimant recently opened up about their worries after spending a £10,000 inheritance within months and now facing scrutiny from the Department for Work and Pensions (DWP). The claimant, a parent, said they … Read More
Portsmouth Woman Falsely Claimed £33,000 in Universal Credit Despite £280,000 Inheritance Wednesday, July 1, 2026 universalcredit benefitfraud dwp inheritance portsmouth fraud sentencing legal socialsecurity overpayment Aimee Jeffrey, a mother of five from Portsmouth, has been convicted after unlawfully claiming £33,000 in Universal Credit benefits despite inheriting £280,000 from her late stepmother. Jeffrey pleaded guilty to one count of … Read More
Andy Burnham's Proposed Tax Changes Could Cost Middle-Class Families Over £23,000 Tuesday, June 30, 2026 inheritance tax capitalgains andyburnham labour property middleclass finance policy taxation Andy Burnham, the newly elected Labour MP for Makerfield and a frontrunner to become the next Prime Minister following Sir Keir Starmer’s recent resignation, is proposing a controversial overhaul of inheritance taxation … Read More
HMRC Targets Families with Significant Pension Savings in Upcoming Inheritance Tax Reforms Sunday, June 28, 2026 inheritance tax pensions hmrc estate savings reform wealth retirement planning HM Revenue & Customs (HMRC) is preparing to implement significant changes to inheritance tax (IHT) rules that will affect families with substantial pension savings. Under reforms set to take effect from April 6, 2027, … Read More
HMRC Confirms Major Crackdown as 5,200 Households Face Up to £3,000 Fines Monday, June 8, 2026 hmrc inheritance tax penalties fines estates executors compliance digitalisation legislation HM Revenue & Customs (HMRC) has intensified its enforcement of inheritance tax (IHT), resulting in a 33% increase in penalties. In the 2024-25 period alone, 5,200 estates’ executors have been fined a total of £3.1 million … Read More