you still might be able to get relief through Unilateral Relief provision. What this means is that the HMRC gives credit against your Inheritance Tax based on the tax already paid to the other country. However, if the foreign tax is higher than the Inheritance Tax you would pay in ...
If you inherit a very large estate of over €26 million EUR, you can apply for an abatement for the tax due - if you are unable to afford the tax bill using your available assets.² It’s also worth knowing about estate tax in Germany, which can apply if real estate property is p...
and they’ll have to pay tax on anything they inherit above this threshold. The allowance is pretty generous though, especially to spouses and children of the deceased person.²