Inheritance Tax Australia

Warning, if you inherit a deceased's estate may have tax consequences, depending on the asset in question. Talk to your tax advisor or financial planner for advice today. Better yet, talk to at least 2, this way you get a balanced opinion on the matter.

Cheers, L

No inheritance tax is generally considered a poor method of raising revenue - most of the low yields are eaten up by administration costs and collection. So why Australia (and New Zealand), it is discarded. The UK still has the tax.