Inheritance Tax Changes In 2024 Budget

Inheritance Tax Changes In 2024 Budget. Delivering the party's first budget in 14 years, the chancellor. The obr say changes to cgt will raise £2.5 billion by the end of the forecast and the uk will continue to have the lowest cgt rate of any european g7 country.

One of the areas most affected by the budget announcements is inheritance tax (iht). The government will bring inherited pensions into inheritance tax from april 2027.