What Is The Inheritance Tax Threshold In 2024 In Hindi

What Is The Inheritance Tax Threshold In 2024 In Hindi. 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. Inheritance tax is a levy applied to the estate of someone who has died, but only around 4 per cent of families end up paying it, as most estates fall below the tax threshold.

The standard inheritance tax threshold is £325,000. Sometimes known as death duties.