Get Answers About Uk Inheritance Tax

Uk: if you had the power to abolish 'inheritance tax', how would you raise the same amount of revenue?

Okay so let's say you're Chancellor of the Exchequer for the day and you decide to do away with 'Inheritance tax', what tax or taxes are you going to put in place to raise the same amount of revenue? (Please...

Answered 4/29/2008 | View Answer | See Question

How to uk avoid inheritance tax?

So we going to inherit 3 properties from parents. What is the best way of avoiding inheritance tax? I thought maybe registering a company and signing all the properties to the company. This do-able?

Answered 7/19/2008 | View Answer | See Question

I am german and live in the uk and need some inheritance tax information?

I am German and live in the uk since 1980, I will inherit a property in Germany after my mothers passing, what inheritance taxes will I have to pay? UK and German? Is it payable only over a specific amount

Answered 9/30/2008 | View Answer | See Question

What's the inheritance tax due on a joint deposit a/c in a foreign bank in the uk.i am non-briton outside uk

My spuose passed away last week, and we have a joint deposit account in a foreign bank registered in the UK. Will I be required to pay inheritance tax on this account or not, given i am not a UK national and I...

Answered 10/24/2007 | View Answer | See Question

Can i avoid inheritance tax in uk by selling all my assets to my children for a nominal small fee?

Like many I feel inheritance tax is PARTICULARLY unfair here in the UK as it is not a tax on your income or your liquid assets, so it can force you to lose items of sentimental value to comply with the law.

Answered 8/15/2006 | View Answer | See Question

Inheritance tax and taxes on financial gains?

Hi, I'm italian and i'm doing a research about the level of inheritance tax and taxes on financial gains in Europe. In Italy the new governement reintroducted the inheritance tax (abolished by the former...

Answered 10/6/2006 | View Answer | See Question

Inheritance tax in the uk - do i as a beneficiary have a tax liability?

The taxman has already received 40% of the estate as it was in excess of the ceiling amount. The rest of the estate has come to me. Is it mine or do I also have to pay tax? Anyone know?

Answered 1/5/2007 | View Answer | See Question

How is it possible to avoid paying inheritance tax in the uk?

I have been told it can be done if, a company is set up or if the person gives the property to the loved one before the person dies, although this has to be done 7 years in advance of death.

Answered 7/27/2007 | View Answer | See Question

What is the usa liability for inheritance tax for a person who is a u s citizen, but does not pay us tax?

My wife was born in and is resident in the UK, but she is also a US citizen. She does not and has never paid any US tax. She has paid UK tax for the last 30 years. Her father died recently and his estate is being...

Answered 5/5/2008 | View Answer | See Question