Complete UK Inheritance Tax Guide
Inheritance tax is charged at 40% on the value of a UK estate above the nil-rate band. This guide explains who pays, when it is due, how reliefs reduce the bill, and the legal planning strategies available.
The guide covers the £325,000 nil-rate band, the £175,000 residence nil-rate band, spousal and civil partner exemptions, Business Property Relief, Agricultural Property Relief, charitable donations, and the gifting rules.