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Find out how to work out and report the value of the estate to HMRC.

• Updated: 9 February 2022

When you have to pay Income Tax, Capital Gains Tax, Stamp Duty or Inheritance Tax on money, shares or property you inherit

• Overview

  You do not usually owe any tax on an inheritance at the time you inherit…

• Money and shares

  You do not usually have to pay Income Tax or Capital Gains Tax immediately…

• Property

  You do not pay Stamp Duty, Income Tax or Capital Gains Tax immediately if…

• Joint property, shares and bank accounts

  You do not usually have to pay any Stamp Duty or tax when you inherit…

Inheritance Tax (IHT) is paid when a person's estate is worth more than £325,000 when they die - exemptions, passing on property. Sometimes known as death duties.

• Overview

  Inheritance Tax is a tax on the estate (the property, money and…

• Passing on a home

  You can pass a home to your husband, wife or civil partner when you die.…

• Rules on giving gifts

  Inheritance Tax may have to be paid after your death on some gifts you’ve…

• When someone living outside the UK dies

  If your permanent home (‘domicile’) is abroad, Inheritance Tax is only…

Find out if Inheritance Tax is due on assets transferred in or out of a trust and on certain trusts at each 10 year anniversary.

• Updated: 28 March 2024

Value the estate of someone who's died so that you can get probate: work out if tax is due, check how to report the estate's value, complete the correct form.

If you already have the right or have probate (as an executor or administrator) you can start dealing with the estate. You may need to apply for the right to deal with the estate of the person who's died (also...

How to pay Inheritance Tax: get a reference number, payment methods, use the deceased's bank account, National Savings and Investments, government stock, yearly instalments.

Information on legal requirements and advice for British nationals buying or renting property in Spain.

• Updated: 13 May 2021

If both the UK and another country charge Inheritance Tax, you could avoid or reclaim the tax through a double taxation convention.

• Updated: 23 July 2013

Guidance, forms and calculators for Inheritance Tax. Including how the tax works, valuing an estate, thresholds, reliefs and how to pay.

• Updated: 5 February 2024