Inheritance Tax: Number of people repaid IHT due to falling house prices rises



INHERITANCE TAX may be required to be paid on the value of an estate above a threshold when the owner of the estate dies. New data obtained from HM Revenue and Customs has found that the number of people who were repaid Inheritance Tax has increased in recent years, after they sold a property for a cheaper price than it was initially valued.

Source: Daily Express :: Finance Feed https://ift.tt/2qlzFDZ

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