What Is The Inheritance Tax Threshold In 2024. This explainer sets out some of the. In the current tax year, 2024/25, no inheritance tax is due on the first £325,000 of any estate, with 40% normally being charged on any amount.

It’s only paid on the part of the estate above that threshold. Explore key 2024 uk budget updates to inheritance tax, including frozen thresholds, pension changes and relief limits for estates and businesses.