Inheritance tax income up by 10% as Reeves plans hike
The Independent|October 23, 2024
Britons are already paying more inheritance tax as Rachel Reeves looks to squeeze millions more from the levy, official figures show.
KATE DEVLIN
Inheritance tax income up by 10% as Reeves plans hike

Payments swelled the Treasury’s coffers by £4.3bn in the six months since April, £400m more than in the same period in the previous financial year and a rise of 10 per cent, new data from HM Revenue and Customs shows.

The chancellor Rachel Reeves has been warned that her plan to hike the tax at next week’s Budget risks punishing middle-class homeowners.

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FLERE HISTORIER FRA THE INDEPENDENTSe alt
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'Anything can happen in cycling, especially with me'

Lawrence Ostlere traces Geraint Thomas's journey from domestique to Tour de France champion, and how he became the loveable face of Britain's doping-tainted boom

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4 mins  |
February 18, 2025
Champions Trophy marred by absurd venue situation
The Independent

Champions Trophy marred by absurd venue situation

Pakistan and the UAE are co-hosts but where will the final be held? That depends on India,

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5 mins  |
February 18, 2025
'I need to communicate. If it's awkwardly - so what?"
The Independent

'I need to communicate. If it's awkwardly - so what?"

An unfailingly optimistic Edwyn Collins tells Craig McLean about his new album, the aphasia a double stroke has caused, and his connection with a certain Orange Juice fan in No 10

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10 mins  |
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'The thing is, you don't have to lie well about cancer for people to believe you'
The Independent

'The thing is, you don't have to lie well about cancer for people to believe you'

Why would anyone pretend to have cancer, as in the plot of Netflix's hit show 'Apple Cider Vinegar'? Zoë Beaty speaks to Bill Petrich, who has spent years tracking down the fakers

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8 mins  |
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Argentine president faces charges over crypto 'fraud'
The Independent

Argentine president faces charges over crypto 'fraud'

Argentina's president Javier Milei is facing fraud charges following a promotional social media post about a cryptocurrency that swiftly plummeted in value.

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2 mins  |
February 18, 2025
I'm so glad I had Bridget as my Noughties role model
The Independent

I'm so glad I had Bridget as my Noughties role model

As the latest Bridget Jones movie breaks romcom records, Helen Coffey celebrates the continuing success of a female lead who knows how to cut loose and laugh at herself

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4 mins  |
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Trump asks Romania to lift restrictions on Andrew Tate
The Independent

Trump asks Romania to lift restrictions on Andrew Tate

Donald Trump's administration has applied pressure on Romanian authorities to remove travel restrictions on Andrew Tate and his brother.

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2 mins  |
February 18, 2025
Can Britain really afford to increase defence spending?
The Independent

Can Britain really afford to increase defence spending?

Keir Starmer has declared that Europe is \"facing a once-in-a generation moment for the collective security of our continent\".

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3 mins  |
February 18, 2025
Path to peace in Ukraine starts with Putin’s finances
The Independent

Path to peace in Ukraine starts with Putin’s finances

Tightening economic pressure on Vladimir Putin is key to bringing the three-year war to an end,

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4 mins  |
February 18, 2025
Pragmatism of Slot a potent weapon in Reds' title charge
The Independent

Pragmatism of Slot a potent weapon in Reds' title charge

The business end of a season isn't always the point to parade your principles. Arne Slot has attacking ideals, but a fondness for winning can override idealism.

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3 mins  |
February 18, 2025