What is Inheritance Tax?


Inheritance Tax (IHT) is a tax on the assets of a person who has died. IHT is paid out of the estate before it is distributed to the beneficiaries. Most estates do not have to pay IHT as they fall under the threshold or nil rate band of £325,000.



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Davies is the trading name of Davies Solicitors Limited (registration number 5699025). The registered office address is 30 Woollards Lane, Great Shelford, Cambridge CB22 5LZ,
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