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On Brian's death, his estate was valued at £820,000. He bequeathed £40,000 to a registered charity and split the balan

Posted: Thu Jul 21, 2022 8:51 pm
by answerhappygod
On Brian's death, his estate was valued at £820,000. He bequeathed £40,000 to a registered charity and split the balance equally between his registered civil partner and his brother. Assuming he made no lifetime transfers, what will the Inheritance Tax liability be?

A. £22,750
B. £26,000
C. £29,750
D. £34,000