INHERITANCE tax is levied on the estates of people who have died and are handing assets over to beneficiaries so long as the estate is of a certain value. It is important to evaluate the size of an estate accurately as HMRC can access documentation for a long time.
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Inheritance tax: HMRC may check on estate valuations 20 years after payment – be warned
![Inheritance tax: HMRC may check on estate valuations 20 years after payment – be warned]()
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