What the changes to IHT reliefs mean for UK residents and non-doms

When a UK chancellor announces changes to tax relief in a Budget speech, it does not usually generate big headlines. Nor does it create a lasting impression in the minds of voters. But in her inaugural Autumn Budget last October, chancellor Rachel Reeves announced controversial changes to the UK’s inheritance tax regime — most notably to reliefs and exemptions — that have had an enduring impact, both in the media and in the public consciousness. The principal rationale for changes to IHT..