2023-09-24 07:38:28
Inheritance Tax (IHT) is payable once an estate is worth more than £325k, this can increase based on a spouses allowance or be zero if you leave it all to a spouse but it's factually wrong to say IHT is only payable on estates over £1m. See government guidance: [Link] NEEDS_MORE_RATINGS(7-1-7) Author
2023-09-24 07:54:59
NNN - post states that £1m applies to most families, not everyone. NEEDS_MORE_RATINGS(5-0-3) Author