UK families face £120,000 Inheritance Tax bills under 'double blow' rule changes

Two major rule changes for Inheritance Tax could see UK families face a bumper £120,000 bill, say financial experts. Rathbones, one of the UK's leading wealth and asset groups, has warned that mooted changes to Capital Gain Tax to align it with Income Tax rates could add nearly £10,000 to the tax bill on a £50,000 property value increase for additional rate taxpayers.