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What is inheritance tax (IHT)? - A Which? guide

48 ratings | 7428 views
http://www.which.co.uk/money/tax/guides/inheritance-tax-explained/inheritance-tax-thresholds-rates-and-who-pays/?utm_campaign=video_money&utm_medium=video&utm_source=youtube_channel&utm_content=inheritancetax&utm_term=description Figuring out what inheritance tax is and how it applies to you and your family can be complicated but this simple guide should help you understand the basics. Watch the video then click the link to read our full guide on what inheritance tax is and how to deal with it.
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Text Comments (6)
Am I right by saying if you put a trust in place, you avoid inheritance tax all together?
Shurima 21 (8 months ago)
The Royal family should pay it as well. They have pledged to pay taxes to rebuild Windsor castle with tax.
King A - (3 months ago)
Shurima 21 got a question so let’s say your grandmother or your father dies and in there will they leaves you let’s say 2million pounds because they are this millionaire or even they leave you with 500k do you have to pay tax I don’t get it
Rum Punch (1 year ago)
what a rip off
TuxKey (2 years ago)
Just watched the money masters. Tip ;-)
ItsMeYeah888 (2 years ago)
Just wondering, is this the case for the super wealthy, like the multimillionaires and billionaires out there? If so, gee that's a lot of tax

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