Should you pay UK tax on money or goods you inherit?

Should you pay UK tax on money or goods you inherit?
Surprisingly the answer is usually no. This is because inheritance tax (IHT) is usually levied on a person’s estate when they die and can also be payable during a person’s lifetime on certain trusts and gifts. If you are the heir to all or part of the …
Should you pay UK tax on money or goods you inherit?