In 2007, George Osborne announced the “death knell for death taxes” when he promised that only millionaires would pay inheritance tax. But more than a decade after the former Chancellor’s pledge, this ...
The debate over inheritance tax—a tax imposed on the transfer of property and assets from a deceased person to their beneficiaries—has refused to die down ever since technocrat-turned-Congress leader ...
Fewer than one in 20 estates were liable for inheritance tax in 2022, with just 4.62% of deaths resulting in an inheritance large enough to trigger a tax bill. However, experts are raising the alarm ...