The government is set to impose a £95,000 "stealth tax" on inheritance to help pay for care for the elderly, according to the Sunday Times.
The report said the Treasury will freeze the amount that people can inherit free of tax, rather than raise it in line with inflation to help fund the introduction of a £75,000 cap on social care costs....
Merging three units' senior management teams into one
Partner Insight The idea of 'underappreciated change' is particularly prevalent in emerging markets according to Jupiter's Head of Strategy, Emerging Markets, Ross Teverson. Here he explains how the concept helps him identify opportunities
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