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Legal Terms – IHT (Inheritance Tax)
A tax levied on the value of a deceased person’s estate before its distribution. It applies above a statutory threshold, with reliefs and exemptions for spouses, civil partners, and charitable bequests.
A tax levied on the value of a deceased person’s estate before its distribution. It applies above a statutory threshold, with reliefs and exemptions for spouses, civil partners, and charitable bequests.
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