UK Inheritance Tax
The tax is levied on inherited property valued over GBP 325,000. The inheritance tax rate is 40%.The tax is also levied in certain cases of gifts given within 7 years after death and in certain lifetime transfers.
UK Stamp Duty
A tax of 0.5% is imposed on transfer of UK shares.A tax of 0%-15% is imposed on transfer of residential real estate.
For nonresidential real estate tax rates are 0%-5%.
Note: The information in this site is for general guidance only. Users of this site are advised to take professional advice before taking practical tax decisions.
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