
HMRC
HMRC have updated their guidance on inheritance tax (IHT)
HMRC has updated its guidance on inheritance tax (IHT) interest rates with the new rates of 4.75% for late payments and 1.25% on repayments from 11 October 2022. What is Inheritance Tax (IHT) Inheritance tax is essentially what your heir(s) to your assets have to pay, which could lead to up to 40% of