Andy Burnham Supports Raising Inheritance Tax to 50%, Increasing Costs for Households by £53,000 Tuesday, July 14, 2026 inheritancetax andyburnham labourparty taxpolicy estates wealthmanagement politics hmrc taxincrease ukgovernment Andy Burnham, the newly elected Labour MP for Makerfield, is reportedly considering a proposal to increase the inheritance tax rate from the current 40% to 50%. This move, supported by the Labour-affiliated Institute for … Read More
HMRC Confirms Tax Rule Change Impacting 10,500 More Households Saturday, June 20, 2026 hmrc inheritancetax taxchange pensions estates taxliability financialplanning hmrcupdates taxthresholds wealthmanagement HM Revenue & Customs (HMRC) has confirmed a significant shift in inheritance tax (IHT) rules, set to affect an additional 10,500 estates starting from April 2027. This change comes as part of the government’s efforts to … Read More
State Pensioners Born Before 1960 Accelerate Withdrawals Ahead of 2027 Inheritance Tax Changes Thursday, April 23, 2026 pensions statepension inheritancetax withdrawals retirement financialplanning wealthmanagement tax marketvolatility risk State pensioners born before 1960 are increasingly withdrawing funds from their private pensions in anticipation of significant inheritance tax (IHT) changes coming into effect in April 2027. This rush is driven by new … Read More
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