Day: 16 August 2024
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Do I Need to Pay Inheritance Tax?
Inheritance tax is a hot topic in the UK, affecting more and more families over time. But why do we pay this tax, and what is it really for? (Read Time: Approx. 3 minutes) Topics Discussed: What is Inheritance Tax? Inheritance tax, originally introduced in 1894 as Estate Duty, was first meant to tax only…