Brits prepared to legally challenge an ‘unfair’ inheritance May 27, 2025 Nearly four in ten Brits said they’d dispute a Will and potentially go to court if they thought the inheritance they received was unfair
Reeves must provide ‘more stable’ tax policy, finance bosses say May 20, 2025 Rachel Reeves is facing pressure to provide a “clearer, more stable tax environment,” when she delivers her growth strategy in July. The Chancellor is once again in the spotlight after a damning report from finance bosses indicated the industry was prepped to support growth ambitions, but structural barriers were holding them back. Top players in [...]
Reeves’ tax hikes are ‘death blow to London,’ Britain’s richest warn May 18, 2025 Chancellor Rachel Reeves is under renewed pressure as Britain’s top business leaders and entrepreneurs blasted her economic agenda following The Sunday Times Rich List revealing a record drop in the country’s number of billionaires. Reeves’ crack down on “non-dom” status has accelerated an exodus of leading business bosses fleeing the UK to avoid the Chancellor’s [...]
MPs demand changes to inheritance tax raid on farms May 16, 2025 Plans to levy inheritance tax on farmland threaten the future of British agriculture and should be paused while its ill effects are properly examined, an influential committee of MPs has said. In a damning report on the state of British farming, the Environment, Food and Rural Affairs (EFRA) Committee argued there was a “considerable risk” [...]
How to shield your pension from Labour’s inheritance tax raid May 6, 2025 According to new analysis by Quilter, just two per cent of estates subject to inheritance tax (IHT) are currently taking advantage of surplus income gifting to reduce their tax liabilities. Based on freedom of information (FOI) requests carried out by the wealth management firm, just 1,490 estates are currently taking advantage of the rules, but Quilter expects [...]
Why inheritance tax means more couples are saying ‘I do’ to pre-nups May 1, 2025 Pre-nups are no longer just for the ultra-rich – inheritance tax changes mean more couples are thinking strategically about protecting their wealth, says Amy Harris Once seen as something only the ultra-wealthy needed, pre-nuptial agreements are increasingly common among everyday couples. With financial independence becoming a bigger priority, and the introduction of inheritance tax changes, [...]
Inheritance tax changes threaten UK’s infrastructure push April 17, 2025 Inheritance tax changes will wreck the UK’s construction supply chain even as ministers put major infrastructure projects at the heart of plans for economic growth, according to a prominent lobby group. A string of schemes including five London airports and the UK’s biggest-ever road tunnel have received government backing since Labour took power, as Chancellor [...]
Richard Farleigh: Why a wealth tax won’t work April 10, 2025 A wealth tax won't work, writes Richard Farleigh, a former dragon from Dragons' Den, author, investor and serial entrepreneur.
If we want more entrepreneurs we should tax them less April 8, 2025 Altogether, from the very first penny received from an employer to the very last penny passed down to one’s children, the tax on entrepreneurship can get up to 93.1 per cent, says John O’Connell In a speech she gave in January, the Chancellor declared that it is “businesses, investors and entrepreneurs who drive economic growth”, [...]
67 per cent tax rate will drive the last non-doms away from Britain April 3, 2025 The Finance Bill will create a punitive and arbitrary set of rules for non-doms, under which they could end up paying exorbitant levels of tax, says James Lawson This year’s Spring Statement was a pretty no-nonsense affair – and with good reason. As the war in Ukraine rages on, Trump’s tariffs begin to bite and [...]