How Much Tax Do You Pay on Probate in the United Kingdom?

In the UK and in many other countries, when someone dies, their estate may be subject to tax. In most cases, that tax due is Inheritance Tax (IHT) which the family of the deceased pay on their ‘inheritance’. However, in some cases, if the deceased’s estate is extensive and incorporates overseas investments or properties, a family business, or anything else that ‘earns’ an income, Capital Gains Tax (CGT) may also be applicable.

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