This in itself is true.

UK Revenue and Customs claim that more than 96% of people will not leave an estate large enough to qualify for Inheritance Tax. However the threshold of this tax, originally set up for the "super-rich", has grown at such a slow rate that this tax will affect a larger number of families than was first thought.

The "threshold as of 6th April 2004 is £263,000. It is rising on 6th April 2006 to £275,000. This means that tax is payable at 40% on everything over and above this figure.

As you can see, with rising property prices in the UK (a recent report by the Halifax Building Society placed the price of an average London property at £257,000) - this situation will affect many of us.

However - like most people you have probably worked most of your life and therefore you have paid tax to the Government each and every week/month since you started work, all those years ago.

So your house, savings, car etc - that money is yours th

at you have already paid tax on. Why pay it again? In the example given on the front page of this site we provided an example where over SEVENTY THOUSAND POUNDS would be payable in tax - that's a sum of money that you would surely leave to your nearest and dearest rather than just handing it over to the Government?

You may also be thinking - "But there is nothing I can do about it?". You'd be wrong there too - there are various methods available to limit the amount of Inheritance tax paid.

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