London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

More people likely to be caught by inheritance tax

The number of people likely to have to pay inheritance tax is set to rise by around a third this year, according to Treasury predictions.

Rising house prices and the recovering economy are expected to push thousands of people over the £325,000 threshold.  The increase has led some economists and tax experts to call for reform. 

Certainly looking at the areas around our offices, a lot of property is valued at over £325,000, which could lead to some tax issues.

 

 

 

 

 

 

 

 

 

Date: 11th July, 2014
Author: Cathy Corns

SHARE THIS

Articles from this Author

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.

Tweet

Michael Lapham shortlisted in the Money Management Financial Planner Awards 2017 bit.ly/2fL8VXBtwitter.com/i/web/status/8…

#Farming trading as a #partnership potential #tax pitfalls and tips @mercerhole Phil Fenn insight shar.es/1SHZhc @accountancylive

Follow

LinkedIn

For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn