Inheritance Tax Basics

Inheritance Tax can feel daunting, but the basic principles are straightforward. It's a tax on your estate when you die — but only if the value exceeds certain thresholds, and there are several reliefs and exemptions that can reduce or eliminate the bill. Understanding how it works is essential...

6 min read

If you've lived in the UK for many years but weren't originally domiciled here, new rules from 6 April 2025 mean your worldwide assets could be subject to Inheritance Tax. These "long-term UK resident" rules replace the previous deemed domicile system and determine whether your overseas assets fall...

4 min read

When someone dies, their estate may be subject to Inheritance Tax if its value exceeds certain thresholds. The main threshold is £325,000, but additional allowances can increase this to £500,000 or more in certain circumstances. Understanding these thresholds and allowances is...

6 min read

When you inherit property, money, or shares, you won't usually face an immediate tax bill. However, you may have tax obligations later on depending on what you do with those inherited assets — and in some situations, you might need to pay Inheritance Tax yourself.

5 min read