Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies ...

Gifts made within the last seven years are not included in the calculations but may be liable to IHT on a sliding scale. From April 2012 the rate of inheritance tax is 36% (from 40%) for estates ...

The first $11,600 of your income is taxed at the 10% rate. The next $35,550 of your income (i.e., the amount from $11,601 to $47,150, which will make sense when you see the tax brackets below) is ...