What is the inheritance tax threshold for 2019?

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1 month ago 20 hits ID #123822


Inheritance tax (IHT) thresholds and rates of the year 2019-20. Everyone in the tax year 2019-20 has a tax-free inheritance tax allowance of £325,000 acknowledged as the nil-rate band. The allowance has continued the same since 2010-11. The standard inheritance tax rate is 40 per cent of anything in your estate over the £325,000 threshold. Explore more information at DNS Accountants. and get a free consultation

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