Inheritance tax: Difference between revisions

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''UK tax''.
''UK tax''.


Tax paid on an estate (assets minus debts) when a person dies, if the estate is valued at a certain threshold.
Tax paid on a person's estate (all other their assets minus their debts) when a person dies, if the estate is valued at a certain threshold.


Historically referred to as Death duty.
Historically referred to as Death duty.

Revision as of 20:15, 26 February 2022

UK tax.

Tax paid on a person's estate (all other their assets minus their debts) when a person dies, if the estate is valued at a certain threshold.

Historically referred to as Death duty.


See also