Inheritance Tax Threshold 2024. The autumn budget 2024 confirmed that key inheritance tax (iht) allowances will remain unchanged, impacting families and their estates. Changes to inheritance tax (iht) proposed during the autumn budget 2024 include significant changes to agricultural property relief (apr) and business property relief.


Inheritance Tax Threshold 2024

Inheritance tax is a 40% levy applied to estates exceeding ยฃ325,000. In the recent autumn budget, chancellor rachel reeves announced significant changes regarding inheritance tax (iht), extending the freeze on the iht thresholds to 2030.

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