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Read More »Inheritance tax warning after family left with unexpected £50,000 bill | Personal Finance | Finance
A person can reduce their inheritance tax liability by giving 10 percent or more of their estate to charity. This usually reduces the tax, which applies to total assets worth £325,000 or more, from 40 percent to 36 percent. Caroline Burke, 72, was hit by a shock £50,000 bill as …
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