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Inheritance Tax Refund Surprise | Leeds News
Did you know your family might be owed a big inheritance tax refund? When property values drop after someone dies, you could reclaim thousands—last year alone, over 10,000 claims succeeded, more than double the previous year. Driven by cooling housing markets, especially in London, this is a golden opportunity: if a home was valued at £1 million but sold for £900,000, you might get back £40,000. But it’s not automatic—you must file with HMRC within four years of death. Investments have a shorter 12-month window and require reporting all sales. If you’re handling an estate now, this could mean…
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