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What is the inheritance tax threshold for 2019?

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Description

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
Always stay safe! It is safer when you trade locally, you see the goods before paying. Avoid using payment / transfer methods such as Western Union, this is the same as sending cash to someone. If you do not trade locally use a service such as PayPal, this can offer you some protection, see PayPal.co.uk for terms. If it is a business that you are purchasing from, paying with a credit card can offer you some protection too.
Vidit Agarwal DNS Accountants is an award winning UK based accountancy firm that provides full range of accountancy services, payroll accounting, bookkeeping, self-assessment tax return, year-end accounting service to contractors/freelancer/sole trader and private limited companies across the UK. Posting for 3+ years

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