Inheritance Tax thresholds and interest rates have been updated

The table depicting 'Interest Rates for Inheritance Tax since October 1988' has been revised to include the latest interest rates: 7.75% for overdue payments and 4.25% for payments made from August 22, 2023 onwards.

View updated rates here: https://www.gov.uk/government/publications/rates-and-allowances-inheritance-tax-thresholds-and-interest-rates

Contacts

If you require assistance in relation to the above and/or would like to discuss anything further, please do not hesitate to contact info@act.london or your usual A.C.T. contact.