Isn't that the same for bars, agogos, restaurants and massage shops? they keep it going until the money runs out, of course money laundering going on too
If your estate is worth more than £325,000, you need to check the position regarding inheritance tax.
UNLESS the situation has changed under Rachel Reeves, a wife (spouse ) who is a UK citizen can inherit tax free, however, a spouse who is NOT a UK citizen will pay 40% inheritance tax on any amount in excess of £325,000.
Certainly this was the position last year, when I was sorting this out, however, I don’t know if Rachel Reeves or Starmer have made changes that alter this.
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