Inheritance Tax Reference Table
Transfers after 5 April 2006 |
|
|
|
Threshold |
£285,000 |
Lifetime rat |
20% |
Death rate |
40% |
Annual exemption |
£3,000 |
3-4 years |
20% |
| 4-5 years | 40% |
| 5-6 years | 60% |
| 6-7 years | 80% |