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How does inheritance tax work?

Bereaved families handed a record £7.5billion in inheritance tax to the Treasury last year. Predictions are it will increase to £9.7 billion in four years. Lawyer Denise Nurse explains who could end up paying it, how to get your affairs in order and whether you're taxed on gifts.

To watch this with subtitles, go to ´óÏó´«Ã½ iPlayer and search for Morning Live from 07/05/24.

Release date:

3 months left to watch

Duration:

8 minutes