IHT

Key message is ‘not to panic’

Spending more time improving understanding of shifting framework

Treasury also reviewing rules around taper rate

HMRC confirms those under minimum pension age will see IHT applied on their pots

Claim numbers hit 12,767 in second quarter

Reports prompt outrage from farmers

HMRC decision on protection and inheritance tax

Farm owners warned there are ‘no quick fixes’

Unused pension funds will fall under IHT scope from April 2027

HMRC collects £100m more than last year in first quarter of tax year