"From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging."
"The government pulled in 4.4bn from inheritance tax (IHT) in the past six months as more families were quietly pulled into the net, data from the Treasury shows. The amount raised between April and September this year is up 2.3 per cent and is due to be a record for the government."
"The boost to the Treasury coffers is in part due to frozen thresholds which have remained in place for years, meaning more and more people are being dragged into the bracket where tax is required to be paid. Any estate - the total asset ownership of a person who dies - worth more than 325,000 is subject to tax above that limit."
The Independent highlights on-the-ground reporting across issues such as reproductive rights, climate change and Big Tech and seeks donations to fund journalists and maintain non-paywalled access. The outlet positions quality journalism as funded by those who can afford it to keep reporting available to everyone. The UK Treasury collected 4.4bn in inheritance tax over six months, a 2.3% rise and a potential record. Frozen IHT thresholds since 2009 have lifted more estates above the tax-free limit. Estates valued above 325,000 face tax above that limit, with a residence nil-rate band adding 175,000 in exemptions. The standard IHT rate is set at 40 per cent.
Read at www.independent.co.uk
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