Do I have to Pay Inheritance Tax on My Parents’ House in UK?

October 10, 2024 ⚊ 1 Min read ⚊ Views 15 ⚊ BLOG

In UK, whether you have to pay inheritance tax (IHT) on your parent’s house depends on several factors. You may have to pay inheritance tax on your parents’ house if their total estate exceeds the applicable thresholds and allowances. Understanding factors can help you navigate any potential liabilities effectively. Read the article, here is a breakdown of the key points.

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Tags: InheritanceTaxAdvice, InheritanceTaxPlanning