Exempt beneficiaries to uk inheritance tax
You can give things away to certain people and organisations without having to pay any Inheritance Tax. These gifts, which are exempt whether you make them during your lifetime or in your will, include gifts to: your husband, wife or civil partner, even if you’re legally separated (but not if you’ve divorced or the civil partnership has dissolved), as long as you both have a permanent home in the UK
UK charities
some national institutions, including national museums, universities and the National Trust
UK political parties
This entry was posted
on Monday, May 14th, 2007 at 7:44 am and is filed under Personal Taxes, Tax.