Inheritance Tax Calculator: Handy free tool that could slash your IHT bill

Inheritance Tax Calculator: Handy free tool that could slash your IHT bill

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INHERITANCE tax is a tax levied on the estate of someone who has died and is passing on their assets. There is normally no IHT to pay on estates valued below £325,000, which is known as the nil rate band. Estates valued over this amount may have to pay tax though and this is where things can become complicated.



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