UK V.A.T. and Other Taxes

UK Inheritance Tax

The tax is levied on inherited property valued over GBP 325,000. The inheritance tax rate is 40%.
The tax is also levied in certain cases of gifts given within 7 years after death and in certain lifetime transfers.

UK Stamp Duty

A tax of 0.5% is imposed on transfer of UK shares.
A tax of 0%-15% is imposed on transfer of residential real estate.
For nonresidential real estate tax rates are 0%-5%.