Quove Accounting Ltd’s Post

The Government recently announced new reforms to inheritance tax as part of its Autumn Budget - with IHT relief for business and agricultural assets now set to be capped at £1m from April 2026. In our article, Nina Sperring TEP, Wealth Protection Partner at Price Slater Gawne, answers key questions around the current inheritance tax laws and lays out how effective estate planning is key to navigating them effectively. Learn more: https://lnkd.in/eu3v7xMY #inheritancetax #wealthprotection #autumnbudget

Often dubbed “death tax” or “Britain’s most-hated tax” in the media, Inheritance Tax (IHT) may seem complex, and you might be unsure if it’s something you should consider as part of your estate plan. Click the link in the comments to learn about current inheritance tax rules in the UK and how these could affect you and your beneficiaries.

Inheritance Tax digitalisation The government will digitalise the inheritance tax service, from 2027 to 2028, to provide a modern, easy-to-use system, making returns and paying tax simpler and quicker.

Inheriting a Property from Overseas? Here’s What Aussies Need to Know! If you’re an Aussie inheriting a property from overseas, you might think, "Great! No inheritance tax here – I’m all set!" … Well, not quite. Today’s video tackles how tax still comes into play, despite Australia not having inheritance tax. Don’t let overseas rules or hidden costs catch you off guard! #AustralianExpats #InheritancePlanning #FinancialAdvice #AustralianProperty #WealthPlanning

As expected, there are some changes to Inheritance Tax following this afternoon’s #AutumnStatement.   But what can we expect from the £2 billion tax increase? Peter Fairchild gives a #BudgetBreakdown with Robert Marchant👇   #Labour #KierStarmer #CroweUK #RachelReeves #TheBudget

Crowe partners respond on the Inheritance Tax aspects of today's budget....

FACT: Inheritance tax doesn’t exist in Australia. FACT: You still need to be aware of the tax implications when receiving inheritance. Introducing our latest series - The Tax on Receiving an Inheritance, where Heather Moore tells you everything you need to know about receiving an inheritance. #inheritancetax #thetaxofreceivinginheritance #everystepoftheway #taxplanning

📌New figures have shown that around £327million of inheritance tax may have been paid unnecessarily. 📌If the policies were written into trust, they would not normally form part of the deceased’s estate and would therefore not be liable for inheritance tax. Read the full report from GB News: https://lnkd.in/eGgDqpQd #estateplanning #inheritancetax

Interested in how the Taper Relief might affect your Inheritance Tax? This reduces the tax on gifts given while you're alive but may still be included in your estate! ⏳ Intrigued? Visit our website to learn all the ins and outs. #InheritanceTax #TaxPlanning 👉🏻trabalholtd.com

Business Post A change to Exit Tax on investments would be of equal if not higher importance in this years budget. Ireland is home to billions of euros in ETFs etc, yet the taxation treatment for Irish residents is severe. Inheritance tax is an issue certainly for estates but these taxes can be planned for, mitigated or in many cases eliminated through proper planning with a professional tax adviser or financial planner. Exit Tax is unavoidable in almost all cases for Irish residents unless investing in direct equities or possibly certain investment trusts. We have one of the highest rates of tax applicable levied on savers in Europe. You should be rewarded for saving for your future, not doubly taxed on savings you have already paid tax on. I know this is the same argument for inheritance tax but at least there are thresholds as a starting point before that is chargeable. The former minister for finance Michael McGrath indicated there would be action taken on this in this years budget, hopefully Minister Chambers will follow through on this and reduce the rate to normal Capital Gains Tax rates.