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More people likely to be caught by inheritance tax

The number of people likely to have to pay inheritance tax is set to rise by around a third this year, according to Treasury predictions.

Rising house prices and the recovering economy are expected to push thousands of people over the £325,000 threshold.  The increase has led some economists and tax experts to call for reform. 

Certainly looking at the areas around our offices, a lot of property is valued at over £325,000, which could lead to some tax issues.

 

 

 

 

 

 

 

 

 

Date: 11th July, 2014
Author: Cathy Corns

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