What Inheritance Tax does a spouse pay? It may not be payable after a partner's death - but it depends if they are left one's estate
may be required to be paid to HM Revenue and Customs . The standard Inheritance Tax rate is 40 per cent. However, this is only payable on the portion above the threshold. Normally, there is no Inheritance Tax to pay if the value of the estate is below the £325,000 threshold - or if everything above this threshold is left to a spouse, civil partner, a charity, or a community amateur sports club.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inheritance tax would be scrapped by the Brexit party – good news for the very rich | Torsten BellA minuscule number of wealthy people would benefit from such a move, says Torsten Bell of the Resolution Foundation
Read more »
Labour would strip Amazon of government contracts over tax avoidance'We would do whatever it takes to make sure that companies like Amazon pay their fair share of tax,' says John McDonnell
Read more »
Apple takes on EU competition chief in record €13bn tax fightiPhone maker in court for legal battle over deals in Ireland that allowed it to pay low rates of tax
Read more »
Trump's personal and corporate tax returns subpoenaedNew York state prosecutors in Manhattan have subpoenaed eight years of Donald Trump's personal and corporate tax returns, according to a new report from the New York Times. The subpoena was issued
Read more »
Labour vows to strip Amazon of government contracts in bid to collect fairer taxEXCLUSIVE: Shadow Chancellor John McDonnell tells the Mirror a Labour government “will not give public sector contracts to tax avoiders' like Amazon
Read more »
Trump: New York prosecutors subpoena eight years of tax returnsManhattan district attorney Cyrus Vance sent subpoena to accounting firm Mazars USA, which says it will ‘fully comply’
Read more »