Inheritance tax is charged at 40% on the property ... However, if a farmer is married, they would be able to take advantage of the general exemptions which let them pass assets to their spouse ...
Inheritance tax is charged at 40% on the property ... However, if a farmer is married, they would be able to take advantage of the general exemptions which let them pass assets to their spouse ...
As is the case for the rest of the population, there would be no inheritance tax payable on the first £325,000 above that ...