The Leader of the Opposition, Kemi Badenoch, has announced plans to cut inheritance tax (IHT) if the Conservatives win the next general election by removing family homes from the tax and increasing the nil-rate band (NRB). At the Conservative Party Conference, Badenoch committed to excluding primary residences from IHT while increasing the NRB to £500,000 per person, enabling a couple to pass on £1m of assets as well as their home without paying IHT

Over half (56%) of the British public now want a complete abolition of inheritance tax (IHT), compared to 54% last year and 49% two years ago, Kingsley Napley has found

Confidence among UK high-net-worth individuals (HNWIs) is continuing to weaken as fears over government tax and wealth policy is increasingly shaping how families protect and pass on their assets, Saltus has stated

More than 300,000 people aged 55 to 64 fully emptied their pension pots when first accessing them in the year to March, potentially exposing themselves to unexpected tax bills, according to analysis by financial advice firm NFU Mutual