Tag #Inheritance Tax

Showing 25 to 36 of 83 results

thetimes.com
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UK Inheritance Tax to Include Pensions from 2027

The UK government will tax pension assets as part of inheritance tax from 2027, impacting millions of families and potentially doubling the number of estates paying this tax by 2030, increasing government revenue by an estimated £1.5 billion annually.

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48% Bias Score

Reduced Inequality
theglobeandmail.com
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Estate Freeze Minimizes Tax Liability for $7 Million in Assets

Jack and Janine, a couple in their late 50s with $7 million in assets, are implementing a tax-advantaged estate freeze using Section 85, triggering a capital gain to utilize their lifetime capital gains exemptions, thus minimizing future tax liabilities and transferring asset growth to a family trus...

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56% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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UK Inheritance Tax Plan Sparks Concern Among Welsh Farmers

The UK government's planned 20% inheritance tax on agricultural assets over £1 million from April 2026 is causing distress among Welsh farmers, prompting the NFU Cymru president to urge for mitigation of its human impacts, despite government claims that only 500 farms will be affected yearly.

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52% Bias Score

Reduced Inequality
us.cnn.com
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OBBA Significantly Raises US Federal Estate Tax Exemption

The One Big Beautiful Act (OBBA) raises the US federal estate tax exemption to $15 million per person in 2026 (indexed annually), impacting a small percentage of estates but reducing federal revenue by $212 billion over a decade, while 12 states and the District of Columbia also have their own estat...

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44% Bias Score

Reduced Inequality
dailymail.co.uk
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Inheritance Tax Triples as Families Misunderstand Gifting Rules

In 2024-25, £61 million in inheritance tax was levied on 220 estates due to incorrectly executed gifts, where families retained benefits of gifted assets; this issue is expected to worsen as pension inclusion in inheritance tax calculations takes effect in 2027.

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52% Bias Score

Reduced Inequality
elpais.com
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Spanish Court Blocks Government Veto of Inheritance Tax Repeal

Spain's Constitutional Court unanimously rejected the government's veto of a Senate bill to repeal the inheritance tax, ruling that the veto only applies to the current budget, not future ones, as the repeal's effective date was January 1, 2024.

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36% Bias Score

Reduced Inequality
dailymail.co.uk
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UK Families Exploit Tax Loophole to Avoid Inheritance Tax Changes

The use of a tax loophole to avoid inheritance tax has nearly tripled in the UK, increasing from £52 million to £144 million, as families seek to mitigate the impact of upcoming changes that will tax pension pots upon death starting in 2027.

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60% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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M&S Condemns UK Inheritance Tax Changes, Warning of Farming Recruitment Crisis

Marks and Spencer criticized the UK government's planned changes to inheritance tax on agricultural assets, warning that a 20% tax on inherited assets over £1 million will deter young people from entering farming, impacting the sector's future viability. The government says the change will still all...

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40% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
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German "Nießbrauch": Reducing Inheritance Tax Through Asset Transfer

German inheritance law's "Nießbrauch" allows asset transfer while retaining usage rights, reducing gift tax by lowering the asset's taxable value; the value of these rights depends on the grantor's age, with younger grantors seeing a larger reduction.

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36% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
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OBBA Significantly Increases US Federal Estate Tax Exemption

The "One Big Beautiful Act" raises the US federal estate tax exemption to \$13.99 million per person in 2025, rising to \$15 million in 2026 and adjusted for inflation annually, reducing federal revenue by nearly \$212 billion over the next decade while the tax rate structure remains unchanged.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Criminal Gang Steals Homes of Deceased Britons Through Probate Fraud

A criminal gang is stealing the homes of deceased Britons by forging wills and posing as rightful heirs, exploiting a vulnerable probate system and costing grieving families and the UK Treasury millions.

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40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Farmer Suicide Highlights UK Government's Devastating Farm Tax Policy

The suicide of a 78-year-old farmer, directly linked by a coroner to the UK government's new inheritance tax policy on family farms, highlights the severe mental health crisis in the agricultural sector and underscores the potential for widespread farm closures, jeopardizing food security.

Progress

64% Bias Score

Zero Hunger

Showing 25 to 36 of 83 results