How much can I inherit from my parents tax-free in the UK?
At a basic level, you can inherit up to £325,000 from your parents completely tax-free, however, this may increase to £500,000 if they leave their primary residence to you
IHT & Estate Liquidity
What items are exempt from inheritance tax?
There are a number of items that are exempt from inheritance tax in the UK which revolve mostly around gifting and charitable donations.
