Probate Tax applies only to deaths occurring between 18 June 1993 and 5 December 2000. The rate of Probate Tax is 2%.
Probate Tax is charged in addition to Capital Acquisitions Tax (CAT).
Since 18 June 1993, where the taxable value of an estate is above a relevant threshold, the estate is liable to 2% Probate Tax.
Probate Tax is abolished for deaths occurring on or after 6 December 2000, including postponed probate tax becoming due after this date.
The information throughout this section on Probate Tax only applies to where a death occurred between 18 June 1993 and 5 December 2000.
Next: When is Probate Tax payable?