Uk Budget 2024 Inheritance Tax. Emily’s estate, for inheritance tax purposes, will be valued at £1,500,000 and the inheritance tax liability will be £470,000. This could have significant implications for.

The government could be looking to raise more money from death duties by changing inheritance tax (iht) rules in the upcoming budget, according to reports. British finance minister rachel reeves will increase the amount of money raised from inheritance tax at her oct.