Wills

Budget 2024: changes to inheritance tax, capital gains tax and stamp duty land tax

Budget 2024: changes to inheritance tax, capital gains tax and stamp duty land tax

After much speculation in the press that there would be a complete inheritance tax overhaul especially on lifetime gifts and “loopholes”, our first female chancellor of the exchequer Rachel Reeves announced some surprising changes this afternoon. Julie West Solicitors private client solicitor Emma Westsmith explains.

Budget 2021: no change to inheritance tax

Budget 2021: no change to inheritance tax

After much speculation in the press that there would be a complete inheritance tax overhaul, Rishi Sunak announced in the budget this afternoon that no changes to inheritance tax would be made. Julie West Solicitors private client solicitor Emma West explains how current allowances work.