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Date of valuation for inheritance tax

holyhead · 2018-08-07 10:39:59

Does anyone know when the date for inheritance tax is. Is it the date of probate or the date of death. It relates to business properties and monies in bank a/cs. Alot is covered by the business asset relief scheme but for what is not or exceeds thresholds.

07-08-2018 11:39am

#1

holyhead

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Does anyone know when the date for inheritance tax is. Is it the date of probate or the date of death.

It relates to business properties and monies in bank a/cs. Alot is covered by the business asset relief scheme but for what is not or exceeds thresholds.

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Comments

#2 07-08-2018 12:04pm

nompere

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The date of death is normally the date of the inheritance.

Generally, the date of probate is the valuation date.

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