‘This is Keir Starmer’s Poll Tax’: Labour warned inheritance tax protests won’t stop February 17, 2025 The Labour government’s reforms to farmers’ inheritance tax announced in the Autumn Budget has been branded as “Keir Starmer’s Poll Tax”. William Lees-Jones, who owns and runs Manchester-based JW Lees, which has produced real ale since 1828, added that the Prime Minister is “losing the argument and feeling rattled”. The pubs boss has liked the policy, which [...]
Everything family businesses should know ahead of Reeves’ tax changes February 14, 2025 Rachel Reeves' Budget has thrown up new obstacles for family businesses. Stephanie Parish tells you why you should plan ahead now.
Farmers warn of ‘breaking point’ at Westminster tractor rally February 10, 2025 Protesting farmers at a tractor rally in Westminster have warned “we are at breaking point” as they called on the government to scrap planned changes to inheritance tax on farms. Protesters staged another tractor protest outside Parliament and Downing Street on Monday, organised by Save British Farming, as they continued to campaign against Labour’s plans [...]
Inheritance tax changes are coming – how should you prepare? February 4, 2025 Speculation is mounting that the government may charge inheritance tax on pensions and extend the seven-year gifting rule. So how can you make sure you can pass on wealth to the next generation? Duncan Bailey explains The Budget has given businesses and individuals much to consider with announcements made around spending, national insurance contributions for [...]
How to shield your pension from Labour’s inheritance tax raid January 27, 2025 Financial advisers are cautioning against taking extreme measures in response to the government’s plans to slap inheritance tax on unspent pension pots from April 2027. However, there are some measures that savers can take as part of their overall estate planning strategy. Pension pots are usually exempt from inheritance tax. But in last October’s Budget, [...]
St Ewe Free Range Eggs on the ‘utter carnage’ of IHT reform and rebuilding trust with Labour January 25, 2025 For Rebecca Tonks, running St Ewe Eggs has been a passion project for 17 years. Tonks, who was 12 when her family first started selling eggs in addition to its dairy produce, launched the St. Ewe Free Range Eggs brand to UK supermarkets in 2007 under the Red Lion accreditation. “It didn’t take very long for [...]
‘Pension death tax’ raid attacked by Hargreaves Lansdown and AJ Bell January 22, 2025 Britain’s biggest wealth management firms have mounted a coordinated attack on Rachel Reeves’ plans to slap inheritance tax on undrawn pension pots today, describing the proposals as “flawed and potentially damaging” to grieving families. In a letter to the Chancellor, the bosses of Hargreaves Lansdown, AJ Bell, Interactive Investor and Quilter, which collectively manage some [...]
Inheritance tax: Bill for Britain’s ‘most hated tax’ hits record January 22, 2025 HMRC collected £6.3bn in inheritance tax in the last nine months, but with changes to the code announced in Budget, this bill is expected to get bigger.
Morrisons joins farmers in fight against Budget tax hike January 12, 2025 Morrisons shows its support towards the farming community, backing its call for urgent reforms to inheritance tax policies on farms following Rachel Reeves’ October Budget. In a LinkedIn video released on Saturday, Sophie Throup, the supermarket’s head of agriculture, emphasised the major Morrisons’ ongoing advocacy, reeling from the Chancellor’s sweeping inheritance tax levy. In October, [...]
Majority of people want inheritance tax cut exclusive poll finds January 7, 2025 Research from Freshwater Strategy showed that 54 per cent of voters think the controversial tax should be set at a lower level.