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Old 04-04-2023, 07:00 AM
Mr Scarrott Mr Scarrott is offline
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Join Date: May 2013
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Quote:
Originally Posted by Wdm6789 View Post
Her estate was worth over $50 million. Could someone explain the UK tax liability thing though?
The bulk of Christine's UK estate would be taxed at 40%- anything over the value of £325,000. Obviously we can't know if there were any other tax issues outstanding at the time of her death which needed to be resolved.

Some guidance is here:

https://www.agespace.org/finance/inh...resholds-rates
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