Inheritance Tax 2012

                            
                                     2010-11                    2011-12
 
Rate                          40%                       40%*
Nil Rate Band           £325,000                 £325,000
 
 
 
 
 
*Budget 2011 announced that from April 2012, a reduced rate of IHT of 36% will be introduced where 10 per cent of more of the net estate is left to charity.