Sentence examples for estates worth from inspiring English sources

Half of estates worth over £1m pay no tax.

Proposed new probate fees before inheritance tax: £300 for estates worth more than £50,000 and up to £300,000 £1,000 for estates worth more than £300,000 and up to £500,000 £4,000 for estates worth more than £500,000 and up to £1m £8,000 for estates worth more than £1m and up to £1.6m £12,000 for estates worth more than £1.6m and up to £2m £20,000 for estates worth more than £2m.

In 1999, there were seven times as many estates worth $1 million to $4 million as there were estates worth more than $4 million.

A quarter of the tax was paid by just 467 estates worth more than $20 million.

It only applies to estates worth more than £325,000 – the nil-rate band.

A 2000 study found that for estates worth more than $10 million, unrealized capital gains represented 56 percent of assets.

Now, the maximum tax is 40 percent and only individual estates worth more than $5.25 million are taxed (a figure that will now be automatically adjusted for inflation).

In the last year for which there was detailed information, 2006-07, there were 49,782 estates worth more than £300,000, but only 5,009 above £1m.

Gifts and estates worth more than $1 million would once again be subject to taxation with rates as high as 55 percent.

Mr. McCain would reduce the tax rate and also exempt all estates worth less than $10 million, up from the currently legislated ceiling of $1 million.

The tax is scheduled to return in 2011 with a top rate of 55percentt on estates worth more than $1 million.