Uk Budget 2024 Inheritance Tax Uk. 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. It is paid at 40 per cent and is charged on the part of the.
Inheritance tax based on uk residence from 6 april 2025. The estate could be in the form of property, possessions or money.