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Inherited homes and the taxes you may need to pay

By Webdadi Ltd published on 06/07/2018  

Inheritance TaxIf you find yourself the owner of a property that you’ve inherited, you may have to pay inheritance tax. Inheritance tax is payable if you inherit an estate that’s worth more than £325,000. Or, £450,000 if the house was left to children or grand-children.This doesn’t apply to property left to a husband, wife or civil partner. It only applies if you are Tags: Inheritance, Tax, Property