22nd October 2024
More property taxes likely to be targeted by Reeves next week
Inheritance Tax is the latest property tax target for Chancellor Rachel Reeves in next week’s Budget according to media speculation.
It appears that Reeves wants to reduce or cut completely the various exemptions to IHT.
Sarah Coles of business consultancy Hargreaves Lansdown says: “The figures show £15.5 billion was transferred tax-free to spouses...