then some inheritance tax planning might be in order. Each individual is taxed at a rate of 40pc on all their assets above a threshold of £325,000. This threshold is known as the nil-rate band.

Our short video explains what makes up your estate, how married couples can pool their allowances, and how the main residence nil-rate ... UK when they died, and their UK assets have a value of less ...

Rising house prices and frozen tax thresholds could mean inheritance tax is payable on the average home from 2035 ...

Simply sign up to the UK tax myFT Digest -- delivered directly ... property and replacing the current 40 per cent flat rate of inheritance tax with progressive rates of 20, 40 and 45 per cent ...