Inheritance Tax 2024 Uk

Inheritance Tax 2024 Uk. Learn about the latest allowances, thresholds, exemptions, and strategies to minimise your iht burden. Inheritance tax is a levy applied to the estate of someone who has died, but only around 4 per cent of families end up paying it, as most estates fall below the tax threshold.

Inheritance tax is a levy applied to the estate of someone who has died, but only around 4 per cent of families end up paying it, as most estates fall below the tax threshold. When you die, your executors will calculate how much your estate is worth and pay inheritance tax out of it.