Inheritance Tax Act 1984 section 172

Funeral expenses

Section 172 provides that reasonable funeral expenses may be deducted when valuing a deceased person's estate for inheritance tax purposes.

• Reasonable funeral expenses are an allowable deduction from the value of a deceased person's estate.
• The deduction is applied when determining the estate's value immediately before death.
• Only expenses that are considered reasonable will qualify for the deduction.
• The effect is to reduce the value of the estate on which inheritance tax is charged.