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Mothers IHT Threshold
Comments
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Just need to clarify one point. Is the £325,000 NBR gross or net of any debts.
Assets £335,049.82 Debts £136,355.49 Total £198,694.33
Theres a reason for the high debt, but I don't want to muddy the water, hope that's ok.0 -
It’s the net value that is taxed and the NRBs are applied to, so all that is needed to avoid IHT is her NRB.2
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