Inheritance tax: overview

This practice note provides an overview of UK inheritance tax: when it is charged and the available reliefs and exemptions. It is intended as an introduction for those who are unfamilar with the charge, or as a refresher.

We are updating this resource in the light of the further consultation document on reforms to the taxation of non-UK domiciled individuals published by HMRC on 18 August. To follow progress of this development see Private client tax legislation tracker 2015-16: Permanent non domiciled tax status abolished, IHT: UK Property owned indirectly, Remittance basis: de minimis exemption, Remittance basis: business investment relief.


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