New household bill alert issued as tax specialists warn of charge after November | Leicestershire Live

Contributing sentiments towards policy:

55% : Labour set out plans for the tax to be extended so that unused pension funds will become liable from April 2027.
51% : In a statement about possible changes to inheritance tax in the Budget, the Treasury told the Guardian in August: "As set out in the plan for change, the best way to strengthen public finances is by growing the economy - which is our focus.
49% : Aaron Peake, personal finance expert at free credit score service CredAbility, also suggested there could be changes to inheritance tax in the Autumn Statement.
47% : Jessica Partridge, partner and head of tax and trusts at law firm Mayo Wynne Baxter, suggested one change the Government might implement is to "abolish" tax-free gifts out of income for inheritance tax purposes.
47% : " Inheritance tax changes were announced in last year's Autumn Statement.
47% : "We are committed to keeping taxes for working people as low as possible, which is why at last autumn's budget we protected working people's payslips and kept our promise not to raise the basic, higher or additional rates of income tax, employee national insurance or VAT."
44% : Tax specialists are predicting there could be new policies around inheritance tax in the Autumn Statement, with changes to the tax-free allowances.
44% : Chancellor Rachel Reeves is set to present her latest fiscal policies to Parliament next month, with many forecasting potential tax hikes.
31% : He said: "Inheritance tax could see changes, including a possible lifetime cap on tax-free gifts and adjustments to taper relief.

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