IHT

IHT ‘one of the most hated taxes in Britain’

The tax is seen as a likely reform target in October’s Autumn Budget

Aims to provide clarity on tax rules and the legalities of estate planning

IHT mitigation remains a driver for the creation of trusts

Think tank the Resolution Foundation made the recommendations

'IHT is nipping at the heels of families with modest estates'

‘It is about being aware not everybody wants to hold on to all their money’

Labour looks to remove ‘outdated’ concept of tax domicile status

Rachel Reeves confirms Autumn Budget on 30 October

HMRC reveals inheritance tax receipts up £83m to £2.1bn