When is your Inheritance Tax due?
In the UK, Inheritance Tax is due within 6 months of the person’s death. If the tax isn’t paid on time, HMRC may start charging interest on the balance.
Posts by Steve Gauke
How much do Britons pay in Inheritance Tax each year?
During the 2024–25 tax year, Britons paid a record £8.2 billion in Inheritance Tax, up from £7.5 billion in the previous year.
When do you not have to pay any Inheritance Tax in the UK?
You do not have to pay Inheritance Tax in the UK if the value of the estate you inherit is less than certain thresholds.
What are Estate Advances and Inheritance Advance loans used for?
An Estate Advance is used specifically for the estate. an Inheritance Advance loan can be used for any purpose.
Is it possible to release cash during probate?
Yes, it is possible to release cash during probate, using an Inheritance Advance or an Estate Advance.
Can I sell a property before probate is granted?
No, you cannot legally sell a property in the UK before probate has been granted. Find out why >>
Who inherits my estate if I die without a will?
If you die without a will in the UK, your estate is distributed to your spouse or civil partner and children.
How often should I update my will?
You should review and update your will every few years or whenever a significant change occurs in your life.
Do you need a solicitor to write a will?
No, you do not legally need a solicitor to write a will in the UK, but it is the most reliable way to make sure their wishes are properly upheld after death.
How to speed up the Probate process
The best way to speed up the probate process is to be very prepared with all the necessary documents and to submit them to the correct authority without delay.
