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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3 Monster Stocks in the Making to Buy Right Now
Investors looking for potential "monster stocks" should consider the biotech sector, which offers promising early-stage companies. Three Motley Fool contributors highlight CRISPR Therapeutics (NASDAQ: CRSP), Summit Therapeutics (NASDAQ: SMMT), and Viking Therapeutics (NASDAQ: VKTX) as stocks with significant growth potential. Explain It To Me Like I'm 5: Some smart people think there are special companies that make medicine, called biotech stocks, and they believe that CRISPR Therapeutics, Summit Therapeutics, and Viking Therapeutics could become really...
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