Threshold For Inheritance Tax 2024 Uk

Threshold For Inheritance Tax 2024 Uk. The uk death tax is a levy on the estate (property, money, and possessions) of someone who’s passed away. The standard rate of inheritance tax is 40%, which is paid on estates with a value higher than £325,000.

Will the rate of iht change in the spring. Inheritance tax additional threshold (residence nil rate band) — from 6 april 2017;