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Inheritance Tax

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Hymie | 18:53 Sat 10th Sep 2022 | Business & Finance
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With the late Queen’s estate valued at around £370M, with a 40% inheritance tax rate – the tax due to HMRC will be of the order of £150M.

Do you think Charles will have to sell one of his castles/palaces to settle the bill?
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Avatar Image bobbinwales
Do you think there really his...something he could sell and splash the money on whatever he wants. ... cos there really just assets of the nation. But am pretty sure there in some sort of trust and so it won't be an issue
19:39 Sat 10th Sep 2022
Avatar Image THECORBYLOON
The Monarch is exempt from paying any inheritance tax. See section 8 of this link

https://www.gov.uk/government/publications/sovereign-grant-act-2011-guidance/sovereign-grant-act-2011-guidance
00:51 Sun 11th Sep 2022

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Inheritance Tax

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