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Inheritance tax

Tax paid after inheritance of property

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International tax law distinguishes between an estate tax and an inheritance tax. An inheritance tax is a tax paid by a person who inherits money or property of a person who has died, whereas an estate tax is a levy on the estate of a person who has died. However, this distinction is not always observed; for example, the UK's "inheritance tax" is a tax on the assets of the deceased, and strictly speaking is therefore an estate tax. Inheritance taxes vary widely between countries.

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Jeremy Clarkson urges government to 'back down' on farm tax [Video]

Jeremy Clarkson urges government to 'back down' on farm tax

Jeremy Clarkson has pleaded with Labour to "back down" over its Inheritance Tax on farms as he joined thousands of farmers for a mass protest in London on Tuesday. The 64-year-old former Top Gear..

Credit: ODN     Duration: 01:04Published
Victoria Atkins slams government's Inheritance Tax [Video]

Victoria Atkins slams government's Inheritance Tax

Victoria Atkins has slammed the government's family farm tax, describing it as a "cruel policy" which will "destroy family farmining in the UK." The shadow environment secretary accused the Labour..

Credit: ODN     Duration: 01:06Published
Minister defends government amid Inheritance Tax row [Video]

Minister defends government amid Inheritance Tax row

The policing minister has defended the government's decision to impose Inheritance Tax on farms worth over £1 million. Diana Johnson said the Labour government have had to make "difficult decisions"..

Credit: ODN     Duration: 00:49Published

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Row over how many farms will be affected by inheritance tax policy - as PM doubles down

Sir Keir Starmer has insisted the "vast majority of farmers" will not be affected by changes to Inheritance Tax (IHT) ahead of a protest outside parliament on Tuesday.
Sky News - Published

Nadhim Zahawi sparks debate after calling for Sunak to scrap 'morally wrong' inheritance tax

nadhim zahawi sparks debate after calling for sunak to scrap 'morally wrong' inheritance taxCalls from senior Tories to scrap inheritance tax (IHT) have been met with scepticism from economists and opposition MPs who accused them of "pushing ideas to benefit the wealthy".
Sky News - Published

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