Tax

Inheritance tax

Tax

Inheritance Tax (IHT) is tax payable on the value of the estate of someone who’s passed away. The applicable tax rate is 40%.

There are various specific rules but no IHTis normally payable if the value of your estate is below £325,000 or if everything is inherited by one’s spouse or civil partner, or a charity.

Pensions are normally not subject to inheritance tax.

We’ll never leave you high and dry

Our customer support team is rated "Excellent" and is always on hand to help you during the setup process and once you have your new pension. There are 3 ways you can contact us:
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Log in to our website and chat to us

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Email us on support@myraindrop.co.uk

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Call us on 02039517253