Inheritance tax changes under consideration amid spending gap concerns
Here’s the key context from your excerpt, in plain terms: Why now?Reversals on winter fuel payments and welfare reform have left Chancellor Rachel Reeves facing a multi-billion-pound hole in the public finances, with NIESR predicting a £41.2 billion shortfall against her “stability rule” by 2029–30.What’s being considered? A possible cap on the value of lifetime … Read more