https://www.mytaxaccountant.co.uk/post/updates-on-iht-in-budget-2024
WWW.MYTAXACCOUNTANT.CO.UK
Updates on the Inheritance Tax and Probate, in the Spring Budget 2024 The Spring Budget 2024, announced by the Chancellor of the Exchequer, Jeremy Hunt, introduces significant updates and changes to the UK's tax landscape, with particular focus on inheritance tax (IHT). Understanding these changes is crucial for taxpayers, estate planners, and financial advisors alike.Inheritance Tax Thresholds and RatesAs of the Spring Budget 2024, the inheritance tax threshold remains unchanged at £325,000 per individual, with the tax rate for estates exceeding this amount set a
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