Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Inheritance tax is a government tax levied on the ‘estate’ (property, money, possessions) of a deceased person. 

Inheritance tax definition

Inheritance tax is a government tax levied on the ‘estate’ (property, money, possessions) of a deceased person. There is no tax charged on the first £325,000 inherited, but any value above this threshold is charged at 40%.

Usually the ‘executor’ of the will or the ‘administrator’ of the estate pays the tax using funds from the estate. Should the inheritance be held in a trust, then the trustee will pay.

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