Mathematics · Taxation and Percentages
By how much would the Inheritance Tax (IHT) payable on Opal's death be reduced if she were to live for another seven years until 20 March 2032, compared to if she were to die on 20 March 2025?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1£0
- 2£128,000
- 3£40,000
- 4£88,000✓
Correct answer
£88,000
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