Inheritance tax looks set to become harsher as Chancellor Rachel Reeves explores changes to boost Treasury revenues. The move ...

Rachel Reeves and Sir Keir Starmer are second and third from bottom in a new poll of Labour members. The Chancellor has a net ...

This is because there is £980,637 worth of assets. The person inheriting the estate benefits from £325,000 worth of tax-free inheritance, plus an extra £175,000 for their home, totalling £500,000.