Law-Now
31 Oct 2024 ·
International
Autumn Budget 2024 – reforms to UK Inheritance Tax
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The Chancellor has announced a series of reforms to the UK Inheritance Tax (“IHT”) regime as part of the Autumn Budget 2024. We have summarised these below.Freeze on IHT nil-rate band and residence nil-rate bandIt was announced that the freeze on the IHT nil-rate...
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