UK to Extend Freeze on Inheritance Tax Thresholds to 2030

Only 6% of estates will pay inheritance tax this year, UK Chancellor Rachel Reeves says in the budget statement.

• The first £325,000 of any estate can be inherited tax-free, rising to £500,000 if the estate includes a residence passed to direct descendants, and £1m when a tax free allowance is passed to a surviving spouse or civil partner

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Gabriela Mello

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