Inheritance Tax 2016-17

 
                            
                                2015-16                 2016-17
 
£1 - £325,000               0%                         0%
Over £325,000             40%                       40% 

The Government had announced that, once again, from 2015/16 CPI will be used as the default indexation assumption.
 
However, the band will now remain at £325,000 until 5 April 2021.