The Inheritance Tax threshold needs to be raised

The Government is pocketing a stealth tax on inheritance by failing to raise the threshold in line with inflation. The threshold has not been index-linked, so in real terms it's being eroded. In some cases the allowances are only worth a third of their original value, after taking into account inflation. Some reliefs have not [...]

Jointly owned property and Inheritance Tax

You may have heard the phrases 'joint tenants' or 'tenants in common' in relation to jointly held property. Although both terms have 'tenant' in the title neither relate to renting or 'tenancies' in the everyday understanding of the word, but refer to joint ownership. This legalese is confusing and on the face of it irrelevant, [...]