Dulsea Barbabra

Hat Is The Inheritance Tax Threshold In 2024. Inheritance tax may have to be paid after your death on some gifts. In the current tax year, 2024/25, no inheritance tax is due on the first £325,000 of any estate, with 40% normally being charged on any amount above that.

Because these taxes vary by state, location plays a key role in how much an. For example, if your estate is worth £500,000, the.