Main content

How does inheritance tax work?
Bereaved families handed a record £7.5billion in inheritance tax to the Treasury last year. Predictions are it will increase to £9.7 billion in four years. Lawyer Denise Nurse explains who could end up paying it, how to get your affairs in order and whether you're taxed on gifts.
To watch this with subtitles, go to BBC iPlayer and search for Morning Live from 07/05/24.
Duration:
This clip is from
More clips from Morning Live
![]()
Could you spot a fake online pharmacy?
Duration: 03:40
![]()
Success for Morning Live viewers in London Marathon
Duration: 01:13
![]()
Lawyer Gary Rycroft's health scare story
Duration: 10:35
![]()
Is there a hazardous waste hotspot near you?
Duration: 08:01




