Tax News from Tax Justice UK 🇬🇧
There never seems to be a dull moment when it comes to tax issues these days. Last week alone, we saw a series of revelations about politicians’ finances that grabbed headlines. But beyond the personal dramas, the real story is our dysfunctional tax system. Angela Rayner, former Labour Deputy Leader, Continue Reading
Government Urged to Rethink Pension Inheritance Tax Shake-Up
The Chancellor’s decision to bring pensions into the inheritance tax (IHT) net has sparked alarm among savers, with billions already withdrawn from retirement pots ahead of the change. Under plans set out by Rachel Reeves in the Autumn 2024 Budget, from April 6, 2027 most unused funds from defined contribution Continue Reading
