Inheritance tax receipts hit £3.5bn between April and August, up £300mn from last year, with a record-breaking trend expected to continue. The frozen nil-rate bands and high inflation have led to increased IHT receipts, prompting calls for reform as families face hefty tax bills. Labour’s upcoming Budget may see changes to gifting allowances and residential nil-rate bands, potentially resulting in a ‘double death tax’ and stricter rules on lifetime transfers.
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Oil Is Volatile Again: 3 High-Yielders That Will Keep Paying You Just the Same
Oil prices, particularly West Texas Intermediate, have fluctuated between $60 and $80 this year, impacting the cash flows of oil producers and their ability to maintain dividends. Despite this volatility, high-yield stocks like Enterprise Products Partners (NYSE: EPD), Chevron (NYSE: CVX), and Enbridge (NYSE: ENB) are noted for their resilience and reliability as income investments. Want More Context? 🔎
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