Inheritance Tax Implications 2024. The estate duty act was abolished in 1985 due to concerns over high taxation rates and the efficiency of tax collection. Inheritance tax, often dubbed the death tax, has resurfaced as a topic of debate in india following recent comments by indian overseas congress chairman, sam pitroda.
Delivering labour’s first budget for 14 years today (october 30), chancellor rachel reeves. Will iht change in the upcoming autumn budget?