Healey must beware the ripple effects of Britain’s messy tax system Opinion A good tax system isn’t just about raising revenue, it's about encouraging the behaviours (working, saving, investing) that create a prosperous economy.
Inheritance tax receipts reach fresh record high as Autumn Budget approaches Personal Finance Inheritance tax receipts rocketed to a new record high in the three months to September 2026, as rising asset values and frozen thresholds expanded the tax to hit more ordinary households. Receipts hit £4.7bn over the period, according to the latest figures from HMRC, a seven per cent increase from the prior year where receipts [...]
New inheritance tax rules will drastically change pension use Opinion New inheritance tax rules will drastically alter how people use their pensions, and put a lot of individuals in difficult positions, writes Steve Gauke.
Badenoch’s inheritance tax gamble October 8, 2026 The Midday Market report is a new newsletter from City AM, giving you fresh analysis on the biggest stories in the City straight into your inbox every lunchtime. Today, Ali Lyon chews over Kemi Badenoch’s Tory conference inheritance tax overhaul, and what it might mean for the UK’s irrational tax system. Sign up to the [...]
Badenoch puts Tories on difficult path to the right destination October 8, 2026 Party conference season has come to an end, having barely registered for most voters beyond an extra dose of politics on the news and in their feeds. Party leaders always have to balance two audiences: their supporters in the hall and the sceptics at home. As a new Prime Minister, Andy Burnham’s conference speech was [...]
Jeremy Clarkson at Tory conference: ‘Why would anybody set up a business in this country?’ October 5, 2026 Jeremy Clarkson hit out at the Labour government over its decision in 2024 to impose higher inheritance taxes on farming land two days before Tory leader Kemi Badenoch is expected to call for a cut. Clarkson said government officials failed to understand the impact of changes facing family farms as some owners had to sell [...]
Wealth advisers battle client fears as Budget tax speculation grows September 28, 2026 Wealth advisers are being hit with an influx of questions over tax changes as speculation over what may be announced in next month’s Autumn Budget continues to grow. Wealth and asset managers across the City are reporting a surge in conversations with affluent clients who are becoming worried about potential tax changes which could affect [...]
Founders should not be ‘put off’ by inheritance tax, says Treasury minister September 24, 2026 A senior Treasury minister, while praising the state of the UK economy, has said entrepreneurs should not be “put off” by inheritance tax. Emma Reynolds, the chief secretary to the Treasury, on Thursday, at a visit to Numatic International, the makers of the Henry vacuum cleaner, said entrepreneurs should not be “put off” by the [...]
How inheritance tax is becoming a ‘bill for ordinary households’ September 22, 2026 Inheritance tax receipts have hit a new high as frozen thresholds and rising property values drag more households into the tax net. Inheritance tax (IHT) receipts have hit £3.8bn so far this financial year, surpassing the £3.7bn recorded at the same point last year, according to the latest data from HMRC. Total receipts reached £8.5bn [...]
Healey urged to drop ‘death tax’ holding back family businesses September 14, 2026 John Healey has been urged to drop a so-called “death tax” which business leaders say means family firms are losing out to overseas investors. The Chancellor has been told to unwind sweeping reforms to inheritance tax, made by his predecessor Rachel Reeves, which family businesses say undermine the government’s attempts to drive economic growth through [...]