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.
7. Inheritance Tax may have to be paid on a personâs estate (their money and possessions) when they die. Inheritance Tax is due at 40% on anything above the threshold of Â£325,000 - but thereâs a reduced rate of 36% if the personâs will leaves more than 10% of their estate to charity.