Inheritance Tax Threshold 2024/2025

Inheritance Tax Threshold 2024/2025. This includes money, property and other assets. In the uk, the standard iht rate is 40% on the value of the estate.


Inheritance Tax Threshold 2024/2025

Inheritance tax is levied on the estate (property, money, and possessions) of someone who has passed away. While the 2024 budget does not eliminate the inheritance tax, it does indicate a shift toward more focused taxation.

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