Inheritance Tax Threshold 2024 Uk. The chancellor froze the inheritance tax threshold (currently £325,000 rising to £500,000 if a person leaves their home to their children) for a further two. What is the inheritance tax threshold in 2024?


Inheritance Tax Threshold 2024 Uk

In the current tax year, 2024/25, no inheritance tax is due on the first £325,000 of any estate, with 40% normally being charged on any amount. The government claims that the biggest 500 farm estates in the uk will pay the tax per year, with smaller farms “not affected”, and independent analysis by dan neidle, a tax.

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