How to Save Inheritance Tax: Understand How Inheritance Tax Works - and Pass on More of Your Hard-earned Wealth to Those You Love (How to)
CARPE DIEM (Free subscription) | 09/22/2009
Arthur Laffer in today's Wall Street Journal (" Taxes, Depression, and Our Current Troubles ") writes: In 1930-31, during the Hoover administration and in the midst of an economic collapse, there was a very slight increase in tax rates on personal income at both the lowest and highest brackets. The corporate tax rate was also slightly increased to 12% from 11%. But beginning in 1932 the lowest...
Economist's View (Free subscription) | 04/10/2009
Michael Kinsley is mystified by ten Democratic senators: Democrats for Rich Heirs', by Michael Kinsley, Commentary, Washington Post: ...Meanwhile, the Senate is considering what to do about the estate tax. It is scheduled to be abolished next year, in one...
Financial24 (Free subscription) | 03/23/2009
I cannot see any significant difference between what I have said and what my colleagues have said. So far as I am concerned, we are fully committed to raising the threshold for Inheritance Tax in the read more .....
Daily Express (Free subscription) | 03/11/2009
ALISTAIR Darling is being pressed to launch a punishing new inheritance tax raid on -families in next month's Budget.
Daily Express (Free subscription) | 03/11/2009
ALISTAIR Darling is being pressed to launch a punishing new inheritance tax raid on -families in next month's Budget.
Labourlist (Free subscription) | 03/10/2009
By Angela Eagle This Labour Government has been clear that we want to support people in difficult times - a VAT cut that put money in the economy quickly and is helping both sides of the till, increasing child benefit from January, an extra £60 for every pensioner and bringing...
ConservativeHome's ToryDiary (Free subscription) | 03/10/2009
Big cuts in public spending are going to be necessary to restore order to Britain's public finances (and to avoid large tax increases). It is politically essential that Cameron-Osborne show that they aren't just prepared to cut things that hurt...
Saga (Free subscription) | 03/09/2009
Property that took estates above the limit a year ago (currently £312,000 and £300,000 in 2007/08) may now be worth at least 15% less, which could reduce the tax due or even wipe it out altogether. Similar considerations apply if part of the estate was shares. On average, shares in UK companies are now worth around a third less than a year ago, and much less if they are bank shares.
Financial Times (Free subscription) | 03/09/2009
The cost of a flagship Conservative tax cut has almost halved as a result of the recession, persuading David Cameron to retain the pledge despite the pressure on...
Financial Times (Free subscription) | 03/08/2009
Cost of flagship Tory tax cut has almost halved as a result of the economic downturn, persuading David Cameron to retain the proposal despite increasing pressure on public finances
The Independent (Free subscription) | 03/07/2009
We have watched with fascinated horror as the value of our assets have plummeted over the past year. The FTSE is down by more than 40 per cent from the heady pre-credit-crunch days, and the value of our homes has dropped by 15 or 20 per cent, depending on which figures you trust.
Division of Labour (Free subscription) | 03/06/2009
The March 6, 1909 NYT reports on an inheritance tax proposed by a New York State Assemblyman. The graduated tax kicks in for estates valued at $500 or more. A proposed 1% tax on estates from $500-$10,000 with the highest rate being 25% on estates of more than $20,000,000 [$488,215,419.50 in 2008 dollars]. In justifying the tax, the Assemblyman, one Mr. Oliver, had this to say, as reported in the story:Speaking...
This is Money | Home (Free subscription) | 03/04/2009
Changes made by the Government will potentially allow people to a slash a considerable sum off their inheritance tax (IHT) bill
BBC News (Free subscription) | 03/04/2009
CGT will hit you while you're alive, inheritance tax your family after you've gone. Learn how to minimise your liabilities.
ArtsJournal (Free subscription) | 03/02/2009
When Leibovitz's longtime partner Susan Sontag died in 2004, she "bequeathed several properties to Leibovitz, who was forced to pony up half of their value to keep them."...
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