Inheritance Tax Aggregation Rules

Discussion in 'Wills, inheritances and gifts' started by newbie, 15 Aug 2018.

  1. newbie

    newbie Frequent Poster

    Chatting to someone today, they told me they inherited property & cash in an Aunt's will last year. Property sold recently and they were told because they inherited a cash sum 12 years ago from an another Uncle where inheritance tax was paid on that, they might have now pay extra tax on top now??? Flabbergasted..
  2. T McGibney

    T McGibney Frequent Poster

    Inheritances are indeed taxed on a cumulative basis.