Inheritance Tax 2024 Uk. You can use this information to calculate how much interest is due on an inheritance tax. It raises about £7bn a year for the.

Inheritance tax is charged at 40% on the property, possessions and money of somebody who has died above the £325,000 threshold. The government has announced that the inheritance tax (iht) nil rate band will be fixed for a further two years, business property relief (bpr) and.