Pensioners have been warned they could trigger significant inheritance tax bills if they give away their lump sum.

Plans to tighten inheritance tax rules on gifting and passing assets on to family members before death would damage UK growth and could lead to “regret” within the government, Labour has been warned.

Chancellor Rachel Reeves is believed to be considering changes to the way inheritance tax works, including on gifts made ...

A family has been ordered to pay £176,000 in inheritance tax by the court after wrongly interpreting gifting rules, which they thought would mean they avoided a bill after their father died. The ...