More families are setting up trusts to avoid paying inheritance tax, figures from HMRC suggest. Around 121,000 trusts were registered in the 2024-25 tax year, up from 115,000 the year before, taking ...
THE YOUNG SOCIALISTS, the youth wing of Switzerland’s Social Democratic Party, do not have any MPs in parliament, but they know how to make a stir. On November 30th the country held a referendum on ...
Switzerland, long a haven for the ultra-rich, voted to reject a hefty tax on large inheritances on Sunday. But the debate around it shook the country's affluent residents, an expert told CNBC before ...
After a nail-biting finale, the winner of the first season of Channel 4's devious new game show The Inheritance was crowned tonight. Over the past few weeks, fans have been following a group of 13 ...
Number of estates using little-known loophole to soar under Reeves’s rule change Mattie is a senior money reporter covering pensions, tax and savings. He was previously an editor at the online ...
Gifting is a popular way to avoid inheritance tax (IHT) liabilities – but £61 million in gifts given broke HMRC’s rules last year, with families forced to pay up on presents they thought would be free ...
More Americans are planning to leave a financial gift for their loved ones or a donation to a charitable organization, but are too many people pinning their financial security on receiving an ...
Tax office claws back unpaid revenue from 1,500 taxpayers amid rise in investigations Charlotte Gifford is a senior money reporter covering tax and investments. She was named Investment Journalist of ...
There are two entirely reasonable responses to this. One is to worry about the new inheritocracy harming society: how it could corrode incentives to work, say, or widen inequality and distort the ...
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