Creeping inheritance tax bills on super are being described as a hidden risk in the tax system. With an increasing number of Australians heading for an unexpected 17 per cent tax bill when they ...

There’s a common misconception that Australia doesn’t have an inheritance tax. But the reality is that most people who inherit super will face a 17 per cent tax bill. And keeping in mind there is now ...

Q: My sister, 69, recently inherited $400,000. She has no money in super and lives in a granny flat supplied by her daughter. She works part-time but the income is minimal. Can she transfer the ...

In 2007, George Osborne announced the “death knell for death taxes” when he promised that only millionaires would pay inheritance tax. But more than a decade after the former Chancellor’s pledge, this ...