Government May Be Setting Sights on Inheritance Tax - M J Bushell

Government may be setting sights on Inheritance Tax | Accountants Bury St Edmunds, Ipswich & Thetford - Knights Lowe

The Treasury is reportedly revisiting Inheritance Tax (IHT) as ministers hunt for extra revenue. While the Chancellor considers several options, IHT reforms remain a likely avenue, and now may be a good time to restructure your assets to avoid a… The post Government may be setting sights on Inheritance Tax appeared first on Accountants Bury St Edmunds, Ipswich & Thetford - Knights Lowe.

Government may be setting sights on Inheritance Tax - M J Bushell

The Treasury is reportedly revisiting Inheritance Tax (IHT) as ministers hunt for extra revenue. While the Chancellor considers several options, IHT reforms remain a likely avenue, and now may be a good time to restructure your assets to avoid a larger IHT bill. How could Inheritance Tax change? No decisions have been finalised, but several serious proposals are circulating. The clearest change already announced is that unused pension pots will …