Inheritance Tax 2024 Uk

Inheritance Tax 2024 Uk. Inheritance tax is a levy applied to the estate of someone who has passed away, but only around four per cent of families end up paying it, as most estates fall below the tax. Inheritance tax is charged at 40% on the property, possessions and money of somebody who has died above the £325,000 threshold.

Use our inheritance tax calculator uk in this article to determine your bill accurately! The standard inheritance tax rate is 40% of anything in your.