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LONDON, Oct 30 (Reuters) - British finance minister Rachel Reeves announced the inheritance tax threshold freeze would be extended until 2030 as she delivered her first budget plan on Wednesday.

The policy was first implemented by the former Conservative government in March 2021 when the threshold was frozen until 2026. It was extended two years ago until the 2028/29 tax year. Britain's ...

Rachel Reeves also made the more surprising announcement that income tax and personal National Insurance (NI) thresholds will start rising by inflation from the 2028-2029 tax year. Current income tax ...

The government may raise the threshold for the high-income group known as the T15 from its current level of RM13,000 to RM15,000 or 20,000 a month, Prime Minister Anwar Ibrahim told the Dewan Rakyat ...

Speaking at the Dewan Rakyat, he said the Statistics Department (DOSM) is reviewing the definition, including raising the income threshold for a household to be categorised as T15. “Some have ...

The Chancellor announced that the inheritance tax thresholds would be frozen for a further two years, from 2028 to 2030, saying she understood the strongly-held desire to pass down savings to ...