The largest generational wealth transfer in Canadian history is upon us, with baby boomer parents expected to pass $1 trillion in assets to their gen-X and millennial children by 2026. Yet despite ...
U-turn lifts limit from £1m to £2.5m after protests and warnings that family farms were at risk Ministers will increase the threshold for taxing inherited farmland from £1m to £2.5m after months of ...
The Labour government has announced a significant climbdown on its policy of inheritance tax for farmers following a major backlash. The Department for the Environment, Food and Rural Affairs (DEFRA) ...
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...
In a massive Christmas U-turn by Sir Keir Starmer, the government has announced a huge climbdown on inheritance tax on farmers. The tax relief on family farms handed down between families is to ...
Simply sign up to the UK tax myFT Digest -- delivered directly to your inbox. Fewer farmers will start paying inheritance tax from April after UK ministers were forced into a £130mn climbdown by a ...
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...
Government plans to make inheritance tax due on pensions, plus other changes to IHT rules, have seen a leap in people enquiring about the use of trusts to protect their wealth. So what are trusts, and ...
Also, the case for another banner year for emerging-market stocks and how six young traders each made a killing Parents who are making estate plans might want to give some of the money to their adult ...
Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. FG Trade Latin/ Getty Images Baby boomers are set to pass on ...
Spouses who are the account’s sole beneficiary have the most and best choices Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the accounting, ...