
1 minute read
Nijar news
age of foreign population.
In fact, according to the INE, there are almost as many foreigners as natives.
47.19 per cent of the inhabitants of Nijar are foreigners while 52.81 per cent are nationals. The same study shows that in Nijar there are more foreign men (51.17 per cent ) than nationals (48.83 per cent ).
Another figure shows that 68.3 per cent of the children born in Nijar last year have a foreign parent. The figure clearly indicates how foreigners contribute the most to the increase in the birth rate in the province.
Of all the municipalities with more than 20,000 inhabitants in the province, Nijar is also the one with the lowest average age (36.46 years); its percentage of the population over 65 is low (8.77 per cent of Nijarenos) and it also has the highest percentage of young people, aged between 0 and 14 years (19.58 per cent).
The 2022/23 tax year proved to be yet another record year for UK inheritance tax (IHT) receipts. HM Revenue & Customs received an extra £1 billion over the last tax year, generating a total of £7.1 billion. The number of people paying this tax jumped 24%, up from 33,000 the previous year to 41,000.
The government expects IHT revenue to continue to increase, bringing in £38 billion over the next five years.
Frozen reliefs and rising property prices
The standard inheritance tax nil rate band has been frozen at £325,000 since 2009. It is scheduled to remain fixed until April 2028, by which time it would have been frozen for 19 years. In contrast, house prices have risen over this long period, pushing more estates into the IHT net.
The residential nil-rate band (RNRB) was introduced in 2017 to help protect families, but has limitations. It only applies to a main residential home directly passed to children and grandchildren, and where the estate is valued under £2 million. Higher value estates are