death duty

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Related to death duty: inheritance tax

death duty

n. Chiefly British

A tax on inherited property; an inheritance tax.

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

death duty

(Banking & Finance) a tax on property inheritances: in Britain, replaced in 1975 by capital transfer tax and since 1986 by inheritance tax. Also called: estate duty

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

inher′itance tax`

a tax levied on the value of property bequeathed to an heir.

Also called death tax; Brit., death duty.

[1835]

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Noun

death duty - a tax on the estate of the deceased person

death tax, estate tax, inheritance tax

transfer tax - any tax levied on the passing of title to property

Translations

tassa di successione

death duty

n gen pl (Brit) → tassa di successione

Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995

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References in periodicals archive ?

Other high-profile horses O'Leary is looking forward to seeing this season are the longabsent Death Duty, potential Gold Cup horse Delta Work and Battleoverdoyen, who goes novice chasing.

Samcro and Apple's Jade undergo wind ops in bid to recapture best form

Successful at Wexford in October and impressive conqueror of Miss Eyecatcher, right, in Clonmel, she ran creditably when beaten less than 10 lengths in fourth spot behind stable-companion Death Duty in the Drinmore at Fairyhouse.

DES TO MAKE A DIN

Death Duty can kick off the post-Christmas extravaganza with victory in the Grade 1 Racing Post Novice Chase at Leopardstown on Tuesday.

GORD LOOKING TO IMPOSE HIS DUTY ON FIELD

GORDON ELLIOTT'S Death Duty can kick off the post-Christmas extravaganza with victory in the Grade 1 Racing Post Novice Chase at Leopardstown on St Stephen's Day.

GORD LOOKING TO IMPOSE HIS DUTY ON FIELD

? Jasper Feilding, top left, is handling the sale of a swathe of his family's nancestral land Newham Paddox, Monks Kirby on behalf of cousin Alexander Feilding, the 11th Earl of Denbigh, right, who faces a massive death duty bill

Cousin Jasper's Feilding enquiries about an PS11m spot of family business..

We in the Liberal Party advocate funding student fees by abolishing death duty exemptions and start at a marginal rate of 10% over pounds 100k.

End fees row with death duty change; LETTERS

NOT only a pounds 20,000 death duty, but pensioners will be forced to sign away their homes for soaring council tax bills.

Pressure on OAPs; letters

The row erupted last week when it was reported the Government was strongly considering a pounds 20,000 compulsory death duty to pay for universal care for the elderly.

Fury as MPs fail to agree on service changes

But his invitation to the Tories to take part was spurned by shadow health secretary Andrew Lansley, who accused Labour of considering a 10% death duty on estates to pay for care.

Row continues; BRITAIN TODAY: HEALTH CARE

The Conservatives want to see everyone but millionaires free from death duty. The threshold will be raised considerably, taking the family home out of inheritance tax.

Inherit blame; Your Say

Such as the abolition of many of the tax benefits which helped a lot of people during many economic downturns over the last 50 years, for example his raid on the company pension tax relief nine years ago; the abolition of the married man's allowance; the mortgage interest relief which helped and encouraged home buying; the stamp duty fiasco and the death duty taxes.

Letter: You say - We're in a right mess

So when the Conservatives announced amongst other things they would raise the death duty threshold from pounds 300,000 to pounds 1 million, they lifted nine million households out of the inheritance tax trap.