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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Home > Top Stories > UK chancellor Jeremy Hunt to announce a tax raid on inheritance -Telegraph
    Top Stories

    UK chancellor Jeremy Hunt to announce a tax raid on inheritance -Telegraph

    UK chancellor Jeremy Hunt to announce a tax raid on inheritance -Telegraph

    Published by Uma Rajagopal

    Posted on November 8, 2022

    Featured image for article about Top Stories

    (Reuters) – British Finance Minister Jeremy Hunt is to announce a tax raid on inheritance as he attempts to balance the books in next week’s autumn statement, the Telegraph reported on Monday.

    The chancellor and Prime Minister Rishi Sunak have agreed to freeze the threshold above which people must pay tax for another two years which means that more people will have to pay inheritance tax, the newspaper reported.

    (Reporting by Jahnavi Nidumolu in Bengaluru; Editing by Chris Reese)

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