July 17, 2025
Fixed Assets

Can I give my grandchildren tax-free cash? Inheritance tax rules explained

MoneyMagpie Editor and financial expert Vicky Parry explores how grandparents can help their families without large tax bills Inheritance Tax is paid on the estate you leave behind when you die(Image: Getty Images) Grandparents and parents often want to help out their families with cash gifts – but if they’re not careful, a gift can

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Tangible Assets

Thousands urged to ‘withdraw’ pension cash after new HMRC rule change

The rule change has prompted many savers to reconsider their withdrawal strategies. Under current rules, once people hit the age of 55, they’re entitled to take out 25 per cent of their pot tax-free Many people over the age of 55 chose to withdraw money from their pensions(Image: Kinga Krzeminska via Getty Images) Amidst rising

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