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Inheritance tax

Inheritance tax

Postby shemarg » Wed Nov 15, 2023 2:29 pm

Good morning
I’ve heard that Comm Valencia have now also
abolished inheritance tax for everyone I.e. including groups 3 and 4
Has Marcliff or anyone else heard anything about this please
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Re: Inheritance tax

Postby jpeg » Wed Nov 15, 2023 5:00 pm

jpeg
 
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Re: Inheritance tax

Postby Mac3blade » Wed Nov 15, 2023 5:22 pm

That’s wonderful to know. I’m not keen on tax of any kind!!
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Re: Inheritance tax

Postby marcliff » Wed Nov 15, 2023 6:10 pm

p.
Last edited by marcliff on Thu Mar 21, 2024 9:04 pm, edited 1 time in total.
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Re: Inheritance tax

Postby jpeg » Wed Nov 15, 2023 7:29 pm

jpeg
 
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Re: Inheritance tax

Postby shemarg » Wed Nov 15, 2023 10:34 pm

Thanks Marcliff, Fred and macblade. What a blow. A friend told mr and says she will show mr where she got it from when I see her on Saturday so I will report back
I was hoping when I sell my property that I might be able to luchare something smaller rather than struggling to find a long term let to avoid leaving my poor sister with a hefty bill
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Re: Inheritance tax

Postby Kaz123 » Thu Nov 16, 2023 10:03 am

What if the deceased person was resident in UK only & left UK inheritance to a Spanish resident?
If person died 2022 but inheritance wasn't received till November 2023, is new law from May date of death or date inheritance is received?
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Re: Inheritance tax

Postby marcliff » Thu Nov 16, 2023 10:40 am

s.
Last edited by marcliff on Thu Mar 21, 2024 9:05 pm, edited 1 time in total.
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Re: Inheritance tax

Postby Kaz123 » Thu Nov 16, 2023 1:09 pm

That's what I thought, it's under the threshold to pay UK tax. I keep getting conflicting answers from different gestors
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Re: Inheritance tax

Postby marcliff » Thu Nov 16, 2023 1:32 pm

k
Last edited by marcliff on Thu Mar 21, 2024 9:05 pm, edited 1 time in total.
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