Inheritance Tax UK: How grandparents can gift an 'unlimited amount of excess income'

Inheritance Tax UK: How grandparents can gift an 'unlimited amount of excess income'

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INHERITANCE TAX currently stands at 40 percent, and it’s charged at this rate on any part of an estate that exceeds the IHT threshold. Grandparents may look to give gifts during their lifetime, and an expert has shared some insight on this particular topic.



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