Budget 2011 – Annual tax rates and allowances
The is4profit team
March 24, 2011
Inheritance Tax
Cumulative transfers on death
From 6 April 2010 | Rate |
---|---|
£1-325,0001 | nil |
over £325,000 | 40% |
1 On death of surviving spouse or civil partner, may be increased by the additional percentage of nil-rate band unused on earlier death of spouse or civil partner.