Inheritance Tax Changes Under Consideration Amid Spending Gap Concerns – Reports
The Treasury aims to close a £50 billion public finance gap by limiting tax avoidance through a lifetime gifting cap and revising taper relief rules, officials said.
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Inheritance tax changes under consideration amid spending gap concerns – reports
Government U-turns over winter fuel payments and welfare reform have left Chancellor Rachel Reeves with a multibillion-pound fiscal shortfall.
Treasury considers inheritance tax gifting cap to fill £50bn gap | The latest National and International News
Chancellor Rachel Reeves addresses the media about Treasury policy considerations (Illustrative image) (Photo by Oliver McVeigh - Pool/Getty Images) Getty Images The Treasury is considering inheritance tax reforms to help address a £50bn spending gap in public finances ahead of the autumn budget. Chancellor Rachel Reeves (Labour) faces mounting pressure to find new revenue sources after economists warned she must raise taxes or abandon her flags…
Treasury considers 'Inheritance Tax Reforms' to be a difference of spending £ 50BN in the budget
Treasure Watching the rules tightly to raise more money inheritance taxThis has been told. Between rising pressure Regarding the status ... Read more The post Treasury considers ‘Inheritance Tax Reforms’ to be a difference of spending £ 50BN in the budget appeared first on The Local Report.
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