Sometimes, a parent will give money or property to a child or grandchild while the parent is alive. Gifts made while the gift-giver is alive are legally called “inter vivos” gifts. When there are ...

More tightening of the rules around inheritance tax – especially around gifting – could potentially be coming in the Budget.

More than half of households blasted death duties as unfair, more so than capital gains tax, alcohol duty and income tax.

With inheritance tax (IHT) bills rising fast, giving financial gifts to your loved ones early could be a great way to reduce your inheritance tax bill. Last tax year, IHT revenues hit a record high of ...

The State Capitol in Albany (photo: Michael Appleton/Mayoral Photography Office) As New York State faces a severe budget shortfall and awaits federal aid, some lawmakers and activists are advocating ...

The Treasury ruled out relief changes to Inheritance Tax earlier this week despite recommendations from the Office of Tax Simplifications (OTS) to the contrary. As it turned down suggestions to ...