How does Inheritance Tax Taper Relief work in the United Kingdom
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Inheritance Tax is a tax on the estate (the property, money and possessions) of someone whou2019s died.<br>Who does not pay Inheritance Tax<br>Some gifts are exempt from Inheritance Tax.<br>Thereu2019s no Inheritance Tax to pay on gifts between spouses or civil partners. You can give them as much as you like during your lifetime, as long as they:<br>u2022tlive in the UK permanently<br>u2022tare legally married or in a civil partnership with you<br>Thereu2019s also no Inheritance Tax to pay on any gifts you give to charities or political parties.<br>
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How does Inheritance Tax Taper Relief work in the United Kingdom
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