Inheritance Tax – 10 Top Tips

Inheritance Tax – 10 Top Tips

This week Tax Tuesday highlights the increasing UK inheritance tax take and the value of planning to reduce the IHT burden on your family and beneficiaries. The UK government collected £5.32 billion in Inheritance Tax in 2020/21. The inheritance tax take is only going...
Tax Freedom Day 2021 was later than ever

Tax Freedom Day 2021 was later than ever

According to the Adam Smith Institute, “Tax Freedom Day” this year was 31 May 2021. This is the latest point in the year since reliable records on the statistic have been compiled (i.e. since 1995). Tax Freedom Day is the Institute’s best effort to assess when, in a...