not taking part or giving assistance in a dispute or war between others: a neutral nation during World War II. 2. not aligned with or supporting any side or position in a controversy: The arbitrator was absolutely neutral. 3. of or belonging to a neutral state or party: neutral territory.
Inheritance Tax rates. The rate of Inheritance Tax is 40% on anything above the threshold. The rate may be reduced to 36% if 10% or more of the estate is left to charity.
Britain's inheritance tax threshold of Â£325,000 is the second highest in the developed world, only behind Ireland, according to a global study by accountants UHY Hacker Young. The threshold for death duties in the United States is Â£3.2m, and the level has risen more than threefold in the last decade.