Since allowing carry over of deceased spouses’ IHT allowances from last October, the HMRC has also had to review how this is assessed.
The IHT allowance - currently £312,000 - can effectively be passed over to a spouse
where it is unused or partly unused.
Qualification for the extra entitlement, up to £624,000 maximum, is reliant on survivors [...]

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Entries Tagged as 'Inheritance Tax'
HMRC prepared for ‘lighter touch’ over IHT
James Stafford - Wednesday 07.05.08, 06:31am
Tags: Inheritance Tax · Savings






