Inheritance Tax: Will the Government crack down further on gifting exemptions?

The ‘gifts out of normal expenditure’ is one of the most valuable but least known Inheritance Tax exemptions, according to NFU Mutual

Mia Willemsen
News and business reporter
clock • 2 min read
Inheritance Tax: Will the Government crack down further on gifting exemptions?

Chancellor Rachel Reeves could target the ‘gifts out of normal expenditure' Inheritance Tax (IHT) exemption in the Autumn Budget amid reports that the Government is looking at ways to raise more money...

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