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Inheritence Tax.

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boswell8228 | 18:28 Tue 26th Sep 2006 | Business & Finance
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Can anyone please tell me if an ISA is included in Inheritence Tax calculations.
Thanks.
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Avatar Image Dassie
The total value of the deceased's estate is taken into account no matter whether it be a combination of an ISA, House, Bank account, shares etc.
20:36 Tue 26th Sep 2006
Avatar Image dzug
Yes it is.

It also loses its tax free status immediately after death, so the estate will have that to pay if the ISA provider doesn't deduct it.
22:54 Tue 26th Sep 2006

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Inheritence Tax.

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