Money Box Live: Inheritance Tax

Loading player...
There's a topic that often appears in the Money Box inbox, inheritance tax.

It's money paid by the estate of someone once they die, as long as the total value of all their property, possessions, cash and soon pensions are worth more than a fixed threshold set by the government.

At the moment Government figures say just 5% of estates actually pay the tax, so relatively low, but there are changes coming in this year and next which could increase that number.

Questions around who pays it and how much it is as well as the rules around passing on wealth to loved ones are never far away from the top of our in tray. So, today we'll answer as many as we can.

Joining presenter Felicity Hannah this week is Clare Moffat, pension and tax specialist at the mutual life, pensions and investment company Royal London and Nina Sperring, wealth protection solicitor and partner at the law firm Price, Slater, Gawne.

Presenter: Felicity Hannah
Producer: Sarah Rogers
Editor: Jess Quayle
Senior News Editor: Sara Wadeson

(This episode was first broadcast at 3pm on Wednesday the 14th of January 2026)
10 Feb English United Kingdom Business

Other recent episodes

Child Benefit and Credit Cards

More than 60% of parents who lost their child benefit because the tax office believed incorrectly they'd moved abroad, were in fact eligible for the benefit, which is worth at least a hundred pounds a month. As we've reported on this programme before, the mistakes were made after travel data…
6 Feb 30 min

Money Box Live: Women's Finances

It's 50 years since the Sex Discrimination Act meant all women could take out mortgages and loans without needing a man to approve it. In this programme we'll take a look at how things have changed for women's finances since then and what challenges they still face. From the cost…
3 Feb 33 min

Making Tax Digital and Savings Rates

"A big change" - that's how HMRC has described a major transformation starting in April, which affects the way sole traders and landlords report their income and expenses. The tax office has told Money Box that self assessment has to be modernised to reduce errors and allow them to collect…
30 Jan 30 min

Can You Make a Creative Job Pay?

The creative industries add around £124 billion to the UK economy according to government figures, but for actors, painters, or even influencers, making it pay can seem impossible. The actor Christopher Biggins joins the programme to share how he's managed to work in the arts for more than 50 years…
23 Jan 30 min

Mortgages, Silver Marriages and Warren Buffett

This week the Bank of England cut interest rates to the lowest level for more than two years. The decision to cut Bank Rate to 3.75% came after new figures also showed inflation had slowed, falling to 3.2% in the year to November. What will that mean for mortgages in…
16 Jan 27 min