2024

Inheritance Tax 2024 Limits

Inheritance Tax 2024 Limits. The standard inheritance tax rate is 40% of anything. As of the spring budget 2024, the inheritance tax threshold remains unchanged at £325,000 per individual, with the tax rate for estates exceeding this amount set at 40%.


Inheritance Tax 2024 Limits

Receiving an inheritance often prompts questions about tax liabilities. Each individual is taxed at a rate of 40pc on all their assets above a threshold of £325,000.

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