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Suppose, Your property is worth £500,000 and your tax-free entrance is £325,000. The Inheritance Tax imposed will be 40% of £175,000 (£500,000 decrease £325,000). The property can give Inheritance Tax at a discounted rate of 36% on some assets if you drop 10% or higher of the 'net value' to donation in your will. Read more about Inheritance tax this article.
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