28/04/2025
Inheritance tax (IHT) applies to the transfer of wealth after death. It can affect property, savings, investments, and other assets. Although it applies to a smaller portion of estates, those crossing certain value limits may face a 40% tax charge on amounts above available allowances. Thresholds have been frozen for several years, so rising asset prices can bring more families into scope.
Inheritance tax (IHT) applies to the transfer of wealth after death. It can affect property, savings, investments, and other assets.Although it applies to a smaller portion of estates, those crossing certain value limits may face a 40% tax charge on amounts above available allowances