Inheritance Tax receipts increase: will you be affected? Figures recently published by HMRC show that Inheritance Tax (IHT) receipts between April 2021 and March 2022 were up by £700m to £6.1bn. This represents a 13% increase compared to the previous year. HMRC has...
Myth: All your debts will be written off when you die Mortgages, loans, credit cards, car finance…..whatever the debt, there’s a myth where people think their debts are written off when they die. But that’s not the case. Any assets you had before your death,...
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