At the recent Autumn Budget it was announced that sweeping changes to inheritance tax (IHT) would come into play for deaths occurring on or after 6th April 2026, however there are rule changes which can also apply from last week’s Budget date.
The Autumn Budget 2024
Chancellor Rachel Reeves delivered her Budget on Wednesday 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’.