Why inheritance tax means more couples are saying ‘I do’ to pre-nups May 1, 2025 Pre-nups are no longer just for the ultra-rich – inheritance tax changes mean more couples are thinking strategically about protecting their wealth, says Amy Harris Once seen as something only the ultra-wealthy needed, pre-nuptial agreements are increasingly common among everyday couples. With financial independence becoming a bigger priority, and the introduction of inheritance tax changes, [...]
Inheritance tax changes threaten UK’s infrastructure push April 17, 2025 Inheritance tax changes will wreck the UK’s construction supply chain even as ministers put major infrastructure projects at the heart of plans for economic growth, according to a prominent lobby group. A string of schemes including five London airports and the UK’s biggest-ever road tunnel have received government backing since Labour took power, as Chancellor [...]
Richard Farleigh: Why a wealth tax won’t work April 10, 2025 A wealth tax won't work, writes Richard Farleigh, a former dragon from Dragons' Den, author, investor and serial entrepreneur.
If we want more entrepreneurs we should tax them less April 8, 2025 Altogether, from the very first penny received from an employer to the very last penny passed down to one’s children, the tax on entrepreneurship can get up to 93.1 per cent, says John O’Connell In a speech she gave in January, the Chancellor declared that it is “businesses, investors and entrepreneurs who drive economic growth”, [...]
67 per cent tax rate will drive the last non-doms away from Britain April 3, 2025 The Finance Bill will create a punitive and arbitrary set of rules for non-doms, under which they could end up paying exorbitant levels of tax, says James Lawson This year’s Spring Statement was a pretty no-nonsense affair – and with good reason. As the war in Ukraine rages on, Trump’s tariffs begin to bite and [...]
Rachel Reeves’ tax hikes will cost me £1m – Hooch tycoon March 31, 2025 The founder of the alcoholic drinks empire behind the likes of Hooch and VK has warned the tax hikes announced by Rachel Reeves will cost him an extra £1m. Steve Perez, the boss of Derbyshire-headquartered Global Brands, added that the Chancellor has “stacked the odds” against businesses like his and that he has “no choice” [...]
Inheritance tax receipts reach record high March 21, 2025 Inheritance tax receipts totalled £7.6bn in the last 11 months, a record high and surpassing last year’s full-year total of £7.5bn. Data from HMRC revealed today that the amount paid in tax was an 11.8 per cent increase from the same period last year. “It may only affect a small percentage of estates, but that [...]
Will Rachel Reeves hike taxes in her first Spring Statement? March 19, 2025 Chancellor Rachel Reeves is set to make her first Spring Statement next week, and rumours are starting to swirl that the tax hikes could be on the cards as she tries to get the government debt under control. Given the Chancellor’s commitment to just one major fiscal event a year the Spring Statement is intended [...]
Farmers aren’t the only ones affected by inheritance tax changes March 14, 2025 Most of the coverage of inheritance tax has focused on farmers but they make up a tiny proportion of the businesses that will be hit by this unfair levy, it’s time for family businesses to speak up, says Lucy Williams While I have every sympathy for the farming community, many would be forgiven for thinking [...]
Could inheritance tax make chips an expensive luxury? March 6, 2025 Inheritance tax for farmers is often framed as an issue for landowners but if it leads to a loss of potato-growing land this could trigger sharp increases in the price of chips, says Sarah Jordan Could chips become the new caviar? It sounds absurd, but looming changes to inheritance tax (IHT) for farmers could transform [...]