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Current Inheritance Tax thresholds

Current Inheritance Tax thresholds

Married couples can pass on up to £1 million tax-free if they plan their estates carefully. The Inheritance Tax  (IHT) nil-rate band is currently £325,000. This means there is normally no IHT to pay if an estate is valued below this threshold. This...
IHT Unused Pension Funds and Death Benefits changes

IHT Unused Pension Funds and Death Benefits changes

It was confirmed with the publication of the draft Finance Bill 2025–26 that measures first announced in the Autumn Budget 2024 to bring most unused pension funds and death benefits into the scope of Inheritance Tax (IHT) will start from 6 April 2027. This will...
Verifying your ID at Companies House

Verifying your ID at Companies House

You now need to set up a verified GOV.UK One Login to confirm your identity with Companies House. To verify your identity at Companies House, you can use the GOV.UK online verification service if you have one of several accepted photo identification documents. These...
IHT Agricultural and Business Property Relief changes confirmed

IHT Agricultural and Business Property Relief changes confirmed

Despite intense lobbying by the farming community, the proposed reduction in IHT Business and Agricultural Property reliefs are included in the draft Finance Bill 2025-26. On 21 July 2025, the government published draft legislation for Finance Bill 2025-26. The...
VAT relief for the disabled

VAT relief for the disabled

VAT relief is available on goods and services for people with long-term illnesses or disabilities.  There are special VAT reliefs available for certain people living with disabilities or long-term illnesses. These reliefs are generally available on certain...