Inheritance taxNov 22 2024

Average single homeowners set to receive £107k IHT bill

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Average single homeowners set to receive £107k IHT bill — © Pexels/Nataliya VaitkevichIncreasing numbers of people will be hit by the tax as a result of Budget policies

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A single homeowner with a house worth £308,782 and £459,000 saved for retirement will be subject to £107,000 of IHT from 2027.

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