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What is Inheritance Tax?

Inheritance Tax

Estate

probate

report death

pay Inheritance Tax

deal with estate

Автор: HMRCgovuk

Загружено: 2021-12-20

Просмотров: 28586

Описание: An overview of Inheritance Tax and how it works.
0:00 Introduction
0:07 When would you normally not pay Inheritance tax?
0:27 The value of the deceased person’s estate
0:44 You’ll need to know about any money the deceased person owed
0:57 The standard Inheritance Tax rate
1:07 If the deceased owned their home
1:31 When the estate is worth more that £2 million
1:40 If the deceased home is passed on to their husband, wife or civil partner
1:49 If the deceased estate doesn’t use up all it’s tax-free allowance
2:06 Further help and support

Visit GOV.UK to find out more:
https://www.gov.uk/hmrc

Thresholds, rules and allowances
https://www.gov.uk/inheritance-tax

How to value an estate for Inheritance Tax and report its value
https://www.gov.uk/valuing-estate-of-...

Applying for probate
https://www.gov.uk/applying-for-proba...

HMRC is the UK’s tax, payments and customs authority. We collect the money that pays for the UK’s public services and help families and individuals with targeted financial support.

You can use social media for help with general queries relating to any of HMRC’s products and services:

X: https://www.x.com/hmrc

Facebook:   / hmrc  

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