At 40%, Inheritance Tax or IHT can have a significant impact for the beneficiaries of your estate when you die. By 2032/33 one in eight estates may pay IHT when a surviving spouse or civil partner dies.
Posts tagged “Pensions”
There are plans to revise the pension and inheritance tax system. HM Revenue & Customs (HMRC) is also proposing changes to exemptions for people who inherit pensions. You and your benficiaries could lose more funds from your back pocket.
