Rachel Reeves is coming after your inheritance, this is what you should do NOW to protect yourself, writes SIMON LAMBERT
Inheritance tax pulls that trick off. Despite it only currently affecting about one in 20 estates, it is referred to as Britain's 'most hated tax'.
Your browser does not support iframes.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
BBC News
a minute ago
- BBC News
Peterborough Uber drivers strike over pay and conditons
More than 50 Uber taxi drivers lined up at a city's train station as part of a strike against the company's pay and working operating across Peterborough gathered outside the train station and some at Maskew Avenue Retail Anwar, 30, a full-time Uber driver and one of the organisers, said drivers would be on strike for 48 hours until Sunday Uber spokesperson said it was working with a union to "improve the experience of driving with Uber". Demonstrations have previously been held elsewhere, including in Newcastle and Ahmed, 26, a Uber taxi driver who works nights, said the strike was a "necessary step" to try to improve working conditions."It is not sustainable," he said. "We can't work this way and have to do something."It is so challenging to get in touch with Uber. We are doing this strike to get or message across to them." 'Running on fumes' Arkash Khan said the Uber drivers in the city felt "undervalued" by the company. "We are driving 10 hours a day but after paying for fuel and insurance and maintenance, we are earning less than the minimum wage", he said."The drivers are running on fumes and we want Uber to put the prices up."He also criticised Peterborough City Council's licensing team. "Getting an appointment has been challenging, especially when drivers are looking to renew licences," he said. "But today, we are here to send our voices to Uber. We need change, and soon." Labour councillor Mohammed Jamil, deputy leader of Peterborough City Council, said: "The council's policies for vehicles and drivers are approved by our Licensing Committee and reflect the standards the authority wants to see in terms of vehicles and drivers operating in the city."A lowering of our standards could have negative effects, such as increasing driver and vehicle numbers, leading to capacity outstripping demand."An Uber spokesperson said: "All drivers on Uber are guaranteed at least the National Living Wage, holiday pay and a pension plan, as well as free sickness protection and access to free Open University courses. "This means drivers earn with greater security, helping them to plan for their futures while maintaining the flexibility that is a key part of why they choose to drive with Uber. "We continue to partner with the GMB union to improve the experience of driving with Uber." Follow Peterborough news on BBC Sounds, Facebook, Instagram and X.
BBC News
a minute ago
- BBC News
Vape shop in Reading that flouted rules ordered to close again
A shop that was caught repeatedly selling illegal tobacco products must close for three months after a council took action against Vape & Store in Oxford Road was ordered to shut by Reading magistrates earlier this month, Reading Council said.A previous closure order ended earlier this year, but the business was again found to be selling counterfeit local authority's trading standards officers seized more than 115,000 cigarettes with an estimated street value of more than £80,000 between 2019 and 2024, when the shop traded under another name. Other issues included selling counterfeit vapes and selling nicotine products to shop, then trading as Vape Shop, was subsequently closed for three months from November council continued to monitor it under its new name and issued it with a closure order on 22 July, with magistrates ordering the three-month closure on 1 Rowland, lead councillor for environmental services and community safety, said the business had shown "a complete disregard for the health and wellbeing of residents"."This not only undercuts our legitimate retailers in Reading but also exploits vulnerable residents and increases the risk of smoking among young people," she said."Residents and businesses in the area are rightfully upset about the flagrant disregard for the law exhibited by this shop, and the council will continue to do all we can, within our powers, to thwart their efforts to operate outside the rules that everyone else follows." You can follow BBC Berkshire on Facebook, X (Twitter), or Instagram.
The Guardian
a minute ago
- The Guardian
Warm home discount: why you must check your name is on your energy bill
The government is urging people who qualify for the warm home discount to check they are named on their energy bills so that this winter's price cut can be made automatically. The annual scheme gives households on low incomes £150 off their electricity bill, and is applied by the energy companies rather than sent out to customers. To qualify, you or your partner need to receive one of a list of benefits. These include housing benefit, income-based jobseeker's allowance and pension credit. To get the discount, you also need your, or your partner's, name to be on the bill. In England and Wales, the energy companies will automatically match people's eligibility using their customer records from 24 August. In Scotland, the discount will automatically go to people who get pension credit guarantee and are named on their electricity bill. They will need to apply to their provider from October if on other qualifying benefits. It is not too late to get the discount after next Sunday, but you will need to wait for a letter to apply. Eligible customers on prepayment meters, who use a key or card to top up, should also ensure their household's account is registered in their name. The government has expanded eligibility to the warm home discount this year, and it says that, as a result, 6 million households will receive the discount this winter – an increase of 2.7 million on last year. The minister for energy consumers Miatta Fahnbulleh, says: 'If you know someone who might be eligible, please start spreading the word to family and friends, encouraging them to check they are named on their energy bill.' Richard Neudegg, the director of regulation at the price comparison website Uswitch, says the discount could be 'a lifeline for vulnerable customers'. He adds: 'Anyone struggling to pay their bills should contact their supplier, who may be able to offer help or support.' This year the government has also reversed the move that took the winter fuel payment from all but the poorest pensioners. As a result, about nine million pensioners will get the allowance of up to £300, which will be paid to everyone who receives the state pension. Those with an income of £35,000 or more will have theirs clawed back through tax. Scammers have been taking advantage of confusion over the payments to target vulnerable people. Fraudulent messages are sent to people saying they need to register for this year's 'winter heating allowance', and asking them to follow a link and submit personal details. The Department for Work and Pensions says it never texts people to ask for their information. The energy price cap is likely to change at the start of October, with analysts recently predicting that it will fall from its current level of £1,720 a year for a typical household.
