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Government to target inheritance tax increases in autumn budget – reports

It is not yet clear how many people might pay more, the BBC reported. Question marks also remain over how much they could pay. Prime Minister Keir Starmer and Chancellor Rachel Reeves are reportedly considering several options for changes to IHT. Currently, around 4% of deaths are subject to an IHT charge, which is set at 40% above a threshold of £325,000. Currently the government raises around £7 billion a year through IHT. Reeves will use budget to increase capital gains tax on stock sales – reports Some exemptions and reliefs, including gifting rules, could face criticism. Business re…