What Is The Inheritance Tax Threshold In 2024 Uk. Find the inheritance tax thresholds (or 'nil rate bands') from 1914, and see changes to inheritance tax interest rates from october 1988. Inheritance tax is charged at 40% on the property, possessions and money of somebody who has died above the £325,000 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. Once you’ve given away more than.
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