Huge Rise in Estates Being Hit by Inheritance Tax

Daily PostAugust 05, 2006

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Summary


THE number of estates paying inheritance tax rose by 72% over the five years to 2003/04.

Some 30,451 estates in the UK were liable to pay tax with a further 22% rise to 37,000 expected by 2006/07, according to Halifax.

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Extract


Huge Rise in Estates Being Hit by Inheritance Tax

The majority of these estates are worth less than pounds 500,000 after the...

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