HMRC claws back extra £246m in underpaid inheritance tax last year as it ramps up investigations

The increase is part of HMRC's aims to increase revenue from underreported and misvalued estates.

The Great Wealth Transfer: Why Inheriting a Home May Not Make You Rich

The Great Wealth Transfer means many may inherit homes, but high taxes, maintenance costs, and legal issues can limit real ...

95% of adult children think they’re ready to manage an inheritance, but a quarter of parents disagree. Here’s how to start the conversation

While most adult children (95%) believe they’re ready to manage an inheritance, a quarter (25%) of parents disagree.

'We are super screwed': This couple burned through a $171K inheritance in under a year and accumulated more debt. How to make sure your windfall lasts

This phenomenon is sometimes called Sudden Wealth Syndrome (SWS), a psychological condition affecting people who suddenly ...

Gen X and millennial inheritance could take a hit due to health care costs and taxes

Generation X and millennials who may be receiving an inheritance from the previous generations may be receiving less than ...
Spear's

Experts warn HNWs to prepare as HMRC intensifies inheritance tax probes

As the remit of inheritance tax is set to cover farms and businesses this year, HMRC are expected to crack down on ...
Worcester News

Pension inheritance tax change to put pressure on grieving families

Reforms to pensions and inheritance tax risk creating delays, extra costs and serious stress for families, professionals and businesses, say ...
MoneyWeek on MSN

Inheritance tax investigations net HMRC an extra £246m from bereaved families

HMRC embarked on almost 4,000 probes into unpaid inheritance tax in the year to last April, new figures show, in an increasingly tough crackdown on families it thinks have tried to evade their full bi ...