Chancellor raises inheritance tax threshold to £1m
George Osborne has confirmed the inheritance tax (IHT) threshold will increase to £1m for couples funded by a pension tax relief cut for people earning more than £150,000.
Osborne said the threshold at which the IHT is levied will rise for couples from £650,000 after April 2017. Currently, IHT applies at 40% on estates above a tax-free allowance of £325,000 per person....
More on Pensions
Barrie Dawson: Winter is gone but the LTA freeze has arrived
LTA frozen until end of 2025/26 tax year
Covid-19 hits older workers' retirement saving plans
Pandemic hits pension pots
Chris Parlour: Corporate client options for DB scheme consolidation
Advising business owners
Back to Top
More news
Advisers reveal pros and cons of remote working during pandemic
Changing attitudes
Bank of England holds rates amid stronger growth and inflationary outlook
QE held at current pace but BoE signals tapering
UK funds back in favour as retail investors turn away from US stocks
Latest data from Investment Association
Aviva's restricted operation ditches retirement-only advice remit
Invesetment advice move
Half of advisers expect to work from home after Covid-19 - PFS
Social media poll
