Google News
logo
Today General Knowledge(GK)
What year was Inheritance Tax introduced in the UK?
A)
1970
B)
1979
C)
1986
D)
1990

Correct Answer : Option (C) - 1986



In 1975 estate duty was replaced by the capital transfer tax, which took into account all gifts and money transferred over a certain level, but potential for exclusion was brought back with the introduction of inheritance tax in 1986

Published On : June 26, 2020
Category : Insurance and Finance
Advertisement