Parker Business Development
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Inheritance tax

Inheritance tax

In the unfortunate event of losing someone close to you, then finding out they left you there estate there is a couple of things that you have to be aware of. One of these is inheritance tax this is when you pay tax on the estate left by the deceased. Inheritance tax is only charged if the estate is worth over 250,000

This total amount also includes any gifts given by the deceased up to seven years prior to his/here death, and the payment has to be payed within 6 months of the persons death. Inheritance tax is complex and here at Parker Business Development we can help you with any problems that may arise or simply help you understand what needs to be done.

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