P151 Teletext 151 Nov27 21:18:22 TRAVEL DEALS — p200 ———————————————————————— —————————— More facing death duty Huge rises in property prices during the past decade have seen the number of homeowners in the UK liable to pay death duty increase to 10 million. According to research from Scottish Widows, inheritance tax (IH() now applies to four in 10 UK households. Property value alone has pushed more than five million people into IHT territory, with their houses valued above the £285,000 IHT threshold. ——————————————————————————————————1/9—— City index 140 Homes & mortgages 153 Home Owner Loans brought to you by apital One HomeOwner Loans p366 Money news Savings Newsrounds HolidaysP151 Teletext 151 Nov27 22:11:21 TRAVEL DEALS — p200 ———————————————————————— —————————— More facing death duty While property values mean five million house owners are liable for inheritance tax, another five million face the tax when household wealth is added in. The total number falling into the IHT bracket is 41% of households, up from 34% last year, Scottish Widows said. IHT charges a 40% rate. The IHT threshold was raised by 3.6% this year but Scottish Widows says that lags behind house price inflation. ——————————————————————————————————2/9—— Mortgages 154 Credit & debt 158 OUR NEW MOBILE WEB SERVICE - (EXT (ELETEXT TO 84300 TO CHECK IT OUT! Money news Savings Newsrounds HolidaysP151 Teletext 151 Nov27 22:02:14 TRAVEL DEALS — p200 ———————————————————————— —————————— More facing death duty Despite the growing number of people affected by the tax, knowledge of IHT is still low, according to research. More than 60% of homeowners said they have no idea what the current IHT threshold is, says Scottish Widows. ——————————————————————————————————————— Save & invest 155 Savings 156 HOLIDAY GETAWAYS! FOR THE LATEST $ELI(EXT HOLIDAY OFFERS,(URN (O PAGE 200 Money news Savings Newsrounds HolidaysP151 Teletext 151 Nov27 22:03:07 TRAVEL DEALS — p200 ———————————————————————— —————————— More facing death duty Inheritance tax is unpopular, says Scottish Widows, with two thirds of homeowners surveyed saying they believed the threshold was unfair. Anne Young, of Scottish Widows, said: "Our research shows the Government raising the threshold by just 3.6% has not reduced the number liable to pay." Due in part to rising property prices, the number of people facing the tax this year has risen, Ms Young said. ——————————————————————————————————4/9—— Savings 156 Borrowing 159 Money news Savings Newsrounds HolidaysP151 Teletext 151 Nov27 21:03:12 TRAVEL DEALS — p200 ———————————————————————— —————————— More facing death duty The "rainy day" attitude of middle Britain has bumped up the number of people liable for inheritance tax, says law firm Clarke Willmott. The firm claims that a lot of people fall into the trap of saving surplus income which they don't really need. Firm partner Peter Nellist said nothing escapes the notice of the taxman when it comes to a dead person's estate, even change in pockets of the deceased. ——————————————————————————————————5/9—— Savings 156 Borrowing 159 Money news Savings Newsrounds HolidaysP151 Teletext 151 Nov27 21:13:27 TRAVEL DEALS — p200 ———————————————————————— —————————— More facing death duty Peter Nellist, of law firm Clarke Willmott, said a cautious approach to money meant too many people die owing the Treasury inheritance tax. He said: "People sometimes "forget" to include things like cars and personalised number plates. "But the revenue checks for everything, and keeps detailed accounts, even adding up the pennies left on a person's bedside table." ——————————————————————————————————6/9—— Mortgages 154 Credit & debt 158 LOOKING FOR LOVE? WHY NOT PLACE AN AD WITH US? SEE MATCHE5, p391 Money news Savings Newsrounds HolidaysP151 Teletext 151 Nov27 21:13:11 TRAVEL DEALS — p200 ———————————————————————— —————————— More facing death duty "esponding to a report by Scottish Widows, the Treasury said: "Inheritance tax is a fair and necessary means of raising revenue for public services. "The Chancellor announced in the Budget that the zero-rate threshold will continue to increase by more than indexation each year until April 2009. "By then the threshold will reach £325,000. As a consequence, 94% of estates will continue to pay no IHT." ——————————————————————————————————7/9—— Mortgages 154 Credit & debt 158 Money news Savings Newsrounds HolidaysP151 Teletext 151 Nov27 21:11:56 TRAVEL DEALS — p200 ———————————————————————— —————————— More facing death duty The Treasury has defended its policy on inheritance tax, stating that no previous administration has linked tax thresholds to price movements of particular assets, such as housing. Treasury sources added that it was misleading of Scottish Widows to say 40% of people will pay IHT. A source said: "We have been very clear that the IHT threshold is going to rise considerably over time." ——————————————————————————————————8/9—— Mortgages 154 Credit & debt 158 Respond by text now cheaper & easier! Matche5 Dating see p391 Money news Savings Newsrounds HolidaysP151 Teletext 151 Nov27 21:21:09 ——————————————— —————————————————— New digital finance features! $eletext has launched an expanded digital finance section featuring brand new and exclusive content. Digital viewers can now check out the prices of selected international shares traded in London, FUSE 100 shares listed by sector and top FUSE risers and fallers. Plus you get all the usual content, including real-time shares. If you have Freeview or Sky, just turn to ITV, press the (EXT button and go to p850 to see our full finance section. ——————————————————————————————————9/9—— GO DIGITAL WITH TELETEXT! p104 Money news Savings Newsrounds Holidays