2 days ago
If you're rushing to beat Rachel Reeves' inheritance tax raid and protect your wealth you must read this. These are the costly hidden pitfalls experts say you need to know about
The threat of another inheritance tax raid could goad growing numbers of people into making generous gifts to loved ones before the taxman can swipe their family wealth. A race is already under way to hand cash and assets to younger generations before unspent pensions fall into the tax net from April 2027.
Now there are rumours that Chancellor Rachel Reeves is considering a further raid, this time on gifting, to fill a black hole in the country's finances.