Inheritance tax refunds: how to claim money back if asset prices fall

Families make 18,000 reclaims for overpaid inheritance tax in three years, often due to a decline in property prices. We explain how to claim an IHT refund

Older couple using a laptop while going through paperwork at home
(Image credit: Getty Images)

Families made 18,000 reclaims for overpaid inheritance tax during the past three years, according to a Freedom of Information (FOI) request.

More than two-thirds (12,915) were related to the sale of property.

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Ruth Emery
Contributing editor

Ruth is an award-winning financial journalist with more than 15 years' experience of working on national newspapers, websites and specialist magazines.

She is passionate about helping people feel more confident about their finances. She was previously editor of Times Money Mentor, and prior to that was deputy Money editor at The Sunday Times. 

A multi-award winning journalist, Ruth started her career on a pensions magazine at the FT Group, and has also worked at Money Observer and Money Advice Service. 

Outside of work, she is a mum to two young children, while also serving as a magistrate and an NHS volunteer.

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