Budget 2011 – Annual tax rates and allowances
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.
