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.
Inheritance Tax is a tax on the estate (the property, money and possessions) of someone whoâs died. Thereâs normally no Inheritance Tax to pay if either: the value of your estate is below the Â£325,000 threshold; you leave everything to your spouse or civil partner, a charity or a community amateur sports club