Inheritance Tax

When your loved one dies and leaving behind valuables valued more than £3,25,000, you must pay tax at the rate of 40%. However you don’t need to pay tax if value of your estate is below £3,25,000 or you leave everything over £3,25,000 to your partner, a charity or community amateur sports club.

Your £3,25,000 threshold can go higher depending on the circumstances in some cases it can go upto £500,000 or £1 million.

Inheritance tax always been argumentative and controversial as when money's earned tax has been paid so to pay tax again isn't fair. However, it is financial fact so you must need to get help of professionals. Henderson Royce accountant has robust experience on these and can help to keep you on the right track.

For more information contact Henderson Royce accountant limited.

+44 07960098198

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