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Inheritance tax increases expected for some in Budget, BBC reports

  • Rachel Reeves is expected to announce changes to Inheritance Tax in her Autumn Budget later this month, according to multiple reports.
  • The Treasury is reportedly considering plans to raise Inheritance Tax to raise £40bn and plug a hole in public finances.
  • The chancellor is considering multiple changes to the tax, which is charged at 40 percent above a £325,000 threshold.
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