Inheritance Tax

Includes valuing an estate, trusts and taxes

Overview

• How Inheritance Tax works: thresholds, rules and allowances
• Tax on property, money and shares you inherit
• Trusts and taxes

Valuing the estate

• How to value an estate for Inheritance Tax and report its value
• Shares and assets valuations for tax purposes
• Report the value of the estate to HMRC for Inheritance Tax

Probate

• Applying for probate

Paying HMRC

• Pay your Inheritance Tax bill

Tax rates

• Rates and allowances: Inheritance Tax thresholds and interest rates
• Check if an estate qualifies for the Inheritance Tax residence nil rate band
• Work out and apply the residence nil rate band for Inheritance Tax
• Transferring unused residence nil rate band for Inheritance Tax

Reliefs

• Business Relief for Inheritance Tax
• Agricultural Relief for Inheritance Tax
• Inheritance Tax: Double Taxation Relief

Forms and calculators

• Inheritance Tax forms
• Inheritance Tax reduced rate calculator