2025 Inheritance Tax Changes Uk. Seismic changes to the pension framework, particularly around inheritance tax, have arrived thick and fast in recent years. The government has already confirmed that inheritance tax (iht) will change from april 2025, so that it is dependent on a person's tax residence, rather than on domicile.
The inheritance tax (iht) landscape has undergone transformative changes with the 2024 autumn budget. The changes mean that farms valued at ยฃ1m or more would be liable for 20 per cent inheritance tax.
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