United Kingdom
General community for news/discussion in the UK.
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It kicks in at £325,000, plus any additional adjustments.
I really thought it was higher to be honest. That's even worse. Fully support it being raised, but not removed.
There are a bunch of adjustments, chief among them that if you inherit spouse to spouse then it isn't taxed and if spouse 1 passes away without using their inheritance tax amount then you get to use their inheritance tax amount too when you pass away, effectively doubling the limit. Among others, like allowances around your primary residence.
The best thing you can do for your loved ones is leave a Will and a clear paper trail, trust me.