Covid-19 deaths help fuel surge in IHT receipts

Inheritance tax receipts rose 35% between April and August, up a third year on year, with Covid-19 deaths a potential factor in the increase.

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Families 'overpaid' £280m IHT on insurance payouts

Over £280m of inheritance tax may have been unnecessarily paid on life insurance policies in 2018/19 which could have been avoided if the policies had been written in trust, according to a leading Chartered Financial Planner.

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11.6m received inheritance in past 10 years 

More than 11.6m people have received an inheritance in the past 10 years with 47 the average age at which people receive a windfall, new research has revealed.

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Nearly 1 in 3 over-55s failing to check IHT threat

Nearly one in three (31%) over-55s have never checked how Inheritance Tax (IHT) could hit their life savings, according to a new study.

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