Inheritance Tax Budget 2024 Calculator. In the current tax year, 2024/25, no inheritance tax is due on the first ยฃ325,000 of any estate, with 40% normally being charged on any amount. Tax rules can change & how they affect you will depend on your circumstances.
Inheritance tax can get hefty without proper planning. Explore the key changes in the recent uk budget 2024 and their impact on inheritance tax.