Inheritance tax receipts soar to all-time high Personal Finance Inheritance tax receipts soared to a record high over the last financial year as Labour’s targeting of property owners helped fund sweeping spending increases. Official data on Thursday morning showed that annual inheritance tax receipts rose to £8.5bn in the year between 2025 and 2026. This compared to total receipts of £8.3bn in the previous [...]
Dyson, JCB and Global Brands: The firms facing a break-up after Labour’s tax grab Tax The government’s inheritance tax crackdown has sparked a wave of warnings from entrepreneurs. We list some of the biggest names to have spoken out in opposition to the changes. To most avid followers of current affairs, the Autumn Budget of 2024 will feel like a lifetime ago. Since then, Donald Trump has been elected to [...]
From Jaffa Cakes to National Insurance: How to fix Britain’s mad tax system – according to the experts Tax In its latest report, the OECD scolded the UK for its illogical and growth-impeding tax system. Ali Lyon speaks to five tax experts to work out how to fix it. Potato crisps and their corn chip cousins are – as indulgent savoury snacks go – undeniably similar. They taste alike and are a similar size. [...]
JCB heir: Inheritance tax raid could force us out of Britain April 13, 2026 The heir to the billion-pound JCB fortune has warned that the government’s inheritance tax crackdown on family firms could force his father’s sprawling business empire overseas. Jo Bamford, whose billionaire father Anthony owns the digging equipment maker, said he could be forced to move abroad in order to safeguard the number of jobs at the [...]
Bosses warn of family firm firesale as inheritance tax crackdown kicks in April 7, 2026 The government’s contentious inheritance tax crackdown on family firms will lead to the break-up of thousands of beloved British businesses and is already stifling investment, a group of influential bosses have warned. The Treasury’s plans to end a decades-old carve out from death duty for family-run firms came into force on Monday, meaning offspring of [...]
The 2026 tax year has started. Here’s what you need to know April 6, 2026 The tax year countdown has officially ended and a new year has begun on 6 April, bringing with it an ISA allowance reset and silent tax hikes. While many investors and savers will be breathing a sigh of relief, thinking they have completed their financial admin for at least a few months, being proactive at [...]
Stealth taxes are rising – here’s how to protect your money before 5 April April 2, 2026 Niche taxes like inheritance tax and capital gains tax are fast becoming major cash cows for the treasury. Here’s what to do before the end of the tax year Britain’s stealth tax is accelerating, with more people being pulled into the net without realising it. The government is collecting more from capital gains tax (CGT) [...]
Family-run construction firms pushed ‘to brink’ by inheritance tax April 1, 2026 Family-run construction firms are being pushed to the brink of insolvency by reforms to inheritance tax which undermine Labour’s housebuilding target, a trade body has warned. Plant-hire firms – which provide machinery and services to the construction sector – are almost always family run and are being forced to scale back by inheritance tax changes, [...]
Awful April: brace for a wave of stealth tax rises March 31, 2026 April is upon us and the new tax year will usher in a range of tax hikes, despite the absence of any headline rate rises, with frozen thresholds, shrinking allowances and tighter reliefs set to hit families, workers and savers. The harsh impact will also be felt as Brits are hit with a wave of [...]
Inheritance tax changes are showing family businesses the door March 25, 2026 From 6 April inheritance tax relief on agricultural and business assets is being slashed. The very businesses that benefit the UK’s economy are the ones that are most exposed to these IHT changes, says Mark Goddard For more than three decades, business relief on inheritance tax has acted as the safety valve which allows entrepreneurs [...]