Reeves urged to give families more time to settle inheritance tax bills

"From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground."

"Rachel Reeves has been urged to give families more time to settle their inheritance tax (IHT) bills after warnings that a change in the law to include pensions, as well as how farms and businesses are included in estates, means the current timetable is unworkable. There are limits on what can be passed on tax-free in an inheritance estate, which leads to some people planning ahead and giving away assets tax-free before they die."

The Independent highlights coverage across issues from reproductive rights and climate change to Big Tech, citing investigations into political funding and documentary work that spotlights American women fighting for reproductive rights. The outlet states it avoids paywalls to keep reporting accessible and requests donations to continue sending journalists to report from both sides. Pressure has mounted on Rachel Reeves to extend deadlines for inheritance tax (IHT) payments after a law change to include pensions and alter how farms and businesses are valued in estates. Existing six-month payment rules can be unworkable because some pension providers take longer to locate sums and beneficiaries. The House of Lords Finance Bill committee warned that the new rules will strain grieving families settling estates.

Read at www.independent.co.uk