Budget 2025 Inheritance Tax Exemption. The estate tax, along with the rest of the tax cuts and jobs act, is slated to sunset at the end of 2025. The malaysian institute of estate planners (miep) has developed 14 proposals in a wishlist for budget 2025 that touches on tax policies and public awareness of estate.
One of the biggest announcements in the autumn budget was in relation to inheritance tax, the key changes are: Inheritance tax could make a comeback in budget 2025: