2020/21 inheritance tax bill hits £5.33bn

HMRC collected £5.33bn from inheritance tax in the 2020/21 tax year, a rise from £5.12bn in 2019/20.

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Inheritance tax reclaims reach 6 year peak

The number of inheritance tax reclaims reached a six-year peak in 2020 as more families reclaimed overpaid tax following a fall in the value of property or shares.

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Unmarried couples face 'financial time bomb'

Cohabiting unmarried couples are in danger of overpaying tax by thousands of pounds, a Chartered Financial Planner has warned.

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Pension Freedoms over-taxation nears £700m

Pension savers have reclaimed £693m in overpaid pension tax since the Pension Freedoms were introduced in April 2015.

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