Gather All the Important Information Regarding Inheritance Tax Liability

Samirmerritt15 Apr, 2025Other

If you wonder who pays inheritance tax in the UK, practically those who inherit the goods do not need to pay anything. Still, they could pay other faxes related to those goods, such as if they inherit a house, but that house is rented from a third party. Something you can be sure of the person who receives any gift from you will not pay any taxes if the amount does not exceed £325,000 and you neither pass away in the next 7 years. Things are pretty easy to understand.