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Inheritance Tax

Lawyer Warns of Risks Amid Surge in ‘Bank of Mum and Dad’ Home Purchases

New data from Savills reveals that the "Bank of Mum and Dad" financed over £9 billion in property purchases in 2023, highlighting a significant shift in the housing market. The research shows that 164,000 first-time buyers received family assistance, with the £9.4 billion in...

Record Inheritance Tax (IHT) Receipts for HMRC – The Importance of Lifetime Tax Planning

Senior associate solicitor Louise Nelson, in leading Thames Valley law firm Blandy & Blandy’s Wills, Probate, Tax & Trusts team, highlights HM Revenue & Customs’ (HMRC) recently released Inheritance Tax (IHT) figures for the past year and offers a reminder to individuals and families...