Whole-of-life cases pay out when the policyholder dies and are often used to cover a future tax liability. The number processed by wealth manager Evelyn Partners rose by 66 per cent last year compared ...

Martin Lewis answers questions, on inheritance tax, energy prices and car finance.

Families have been advised to check whether a hefty HMRC bill could be coming their way. Financial advisers have cautioned that some people will face a significant rise in their tax obligations as new ...

Britain has one of the harshest inheritance tax regimes in the Western world, research claims. Rachel Reeves is being urged to scrap the levy after a new report found the UK’s system is “far more ...

Financial planners have warned some people will see a large increase in their tax liabilities as new rules come in. Labour announced in its first Autumn Budget, back in 2024, that it would expand the ...

Full details are yet to be published. For now, the following points and questions arise: Who is eligible to claim the FIG basis of taxation? An individual must have been non-UK resident for a period ...

If you have taken out a life insurance policy to provide financial protection to your loved ones, the proceeds if a claim is made won’t usually be subject to income tax or Capital Gains Tax (CGT) – ...

An expert has warned people frequently draft a will without simultaneously addressing inheritance tax considerations.

Families could pass on up to £1 million without paying inheritance tax, according to a new beginner’s guide from money expert Martin Lewis.

Inheritance tax planning errors could cost families hundreds of thousands of pounds, an expert has warned. Laura Rumsey from Rogers & Norton Solicitors said she regularly sees families caught out by ...

Martin Lewis has drawn attention to a "massive" new tax that is coming in soon. He urged people to reassess their financial plans as the changes are due to come into effect next year. A recent episode ...