Tax data: inheritance tax
A note containing tables of inheritance tax (IHT) rates, main exemptions and reliefs, deadlines for returns and payments, and time limits for assessments and claims, with links to interest rates on IHT paid late and overpaid, and to more detailed information about IHT. It includes some information about capital transfer tax (CTT) and estate duty.
We are reviewing this note in the light of the Finance (No. 2) Bill published on 15 July 2015 (see Legal update, Finance (No. 2) Bill 2015 published: private client tax measures).