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Realistbear

H P I Windfall For Gordon Brown's Coffers

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http://news.bbc.co.uk/1/hi/business/4675574.stm

One in three UK homeowners will now be subject to a 40% inheritance tax, research suggests.
The survey by Scottish Widows bank claims 8.2m people - 34% of homeowners - have assets worth more than the £275,000 threshold for the tax.
The survey of over 2,000 homeowners found most were unaware of the limit and 73% of those liable for the tax had done nothing to lessen the bill.
The government is expected to earn £3.4bn in inheritance tax this year.

Gordon must be rubbing his hands together and muttering "lovely jubbly" with a Scottish accent!

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http://news.bbc.co.uk/1/hi/business/4675574.stm

One in three UK homeowners will now be subject to a 40% inheritance tax, research suggests.
The survey by Scottish Widows bank claims 8.2m people - 34% of homeowners - have assets worth more than the £275,000 threshold for the tax.
The survey of over 2,000 homeowners found most were unaware of the limit and 73% of those liable for the tax had done nothing to lessen the bill.
The government is expected to earn £3.4bn in inheritance tax this year.

Gordon must be rubbing his hands together and muttering "lovely jubbly" with a Scottish accent!

Bear in mind that the tax is 40% of everything over £275K, so if your house is 'worth' £250K and you have £50K of other wealth then your bill is only 10K.

They usually add to end of these articles: 'Call us now to see how we can lower your liability!'

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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