With the 2025 Budget scheduled for Wednesday, 26 November, there are plenty of rumours about potential tax increases.   With UK borrowing costs at their highest in 27 years, the Chancellor faces the challenge of boosting the economy while striving to "balance the books."   This series of articles explores how the Chancellor might tackle this issue without breaking the Labour Party Election Manifesto pledge to avoid raising taxes on working people. We begin by focusing on area

The Government has decided not to take on recommendations made by the Office of Tax Simplification (OTS) for inheritance tax. The OTS Has...

The most recent figures show that taxpayers saved £30 million in inheritance tax (IHT) through gifting last year with many taking...