It’s all relative though isn’t it…
A poor Yorkshire bloke who is only just a few grand over the limit will will only be paying a small amount. While the rich geezer who left £10 million will have to cough up somewhere in the region of £3,870000…sounds fair to me…
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The poor Yorkshire bloke leaves ten grand subject to IHT to his two children .
Of that the government takes £4000 leaving £3000 each to each child .
Why should the government get more than his children ?
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@Muddy , The poor Yorkshire bloke should not have to pay anything at all !!
It’s a disgrace that the state demands that he does ! and snacks of stealing
pennies from a beggars cup !!
The threshold should be raised to at least £2 million ?? 
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Well he would have to have £335 k to leave.
So his house was perhaps a baronial Yorkshire mansion ?
They don’t pay millions. They have complex financial arrangements so they don’t have to. Advice and organisation of such arrangements is out of reach of the average person.
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Ah yes Muddy, but the bloke has also left £325000 that is not taxable… So in effect…he left half of £325,000 to each child…= £162,500 plus the 3 grand after tax of the ten grand…
Making a total of £165,500 to each child…Sounds like a very savvy Yorkshire bloke to me.
Thought they all lived in a shoe box in the middle of the road in Yorkshire ?
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Cardboard shoebox? Luxury, lass.
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Ee bah gum
This looks champion .
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That’ll do.
Very expensive in Leyburn Muddy, all the southerners buy houses up there…You could probably get that house in Doncaster for £200,000