IHT
UK inheritance tax receipts up £100m
Despite taxman facing covid-related payment issues
Tax updates absent from UK spending review
Industry ‘still in the dark’ as speculation mounts over future fiscal measures
Over half of full pension withdrawals done without advice
Which puts people at risk of significant income and inheritance tax charges
HMRC recouped £274m from IHT investigations last year
UK taxman is ‘dedicating huge resources’ to examine the estates of HNW individuals
Sunak’s tax changes to cause ‘upheaval’ for investors
With CGT a ‘prime target’ to help pay off coronavirus debt