Do you pay Inheritance Tax when you inherit a business?
Inheritance Tax is paid by the estate to complete probate. If you are a beneficiary inheriting a business, IHT will already have been paid.
Posts by Steve Gauke
Why is my inheritance taking so long?
Your inheritance is taking so long due to many legal steps you have to complete when someone dies. This is called probate.
Why Brokers and IFAs should add probate loans to their bridging portfolio
Probate delays, inheritance tax liabilities, or simple access issues can leave beneficiaries and executors financially constrained - despite significant assets in the estate.
UK inheritance statistics 2026: Key facts, data & trends
We’ve rounded up all the latest facts and figures on inheritance and Inheritance Tax so you know how it works in the UK.
What happens if the estate can’t afford to pay Inheritance Tax?
If the estate can’t afford to pay Inheritance Tax it will incur penalties and it won’t be able to obtain probate.
Can digital wills be valid in the UK?
Digital wills are not legally valid in the UK. This is largely due to the importance of the document and as a way to prevent fraud.
Do Banks do Inheritance Loans?
Most banks don’t offer specialised inheritance loans, but can offer financial products such as personal or bridging loans that can be used in the same way.
When will I receive my inheritance money?
Most people receive their inheritance money when probate is complete, which normally takes between 6-12 months.
Receiving inheritance money in the UK: process explained
When you receive inheritance money in the UK, a process called probate must take place. It can be a confusing legal process.
Paying Inheritance Tax without selling your property
You can pay Inheritance Tax without selling your property, but this means either using savings or applying for an Inheritance Tax loan.
