Inheritance Tax

No IHT is payable at death unless the threshold is reached.  The thresholds from 6 April 2007 have been fixed as follows:

Rate of Tax	40%
Threshold - 2007/08	£300,000
Threshold - 2008/09	£312,000
Threshold - 2009/10	£325,000
Threshold - 2010 onwards	£350,000