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+====== LU05.L07: British Inheritance Tax ======
+<code python>
+def main():
+    tax = 0
+    TAX_EXEMPTION_LIMIT = 325000
+    inheritance = int(input('Inheritance:\n'))
+    taxable_amount = inheritance - TAX_EXEMPTION_LIMIT
+    years = int(input('Years since death:\n'))
+    if taxable_amount > 0:
+        if years < 3:
+            tax = taxable_amount * 0.40
+        elif years < 4:
+            tax = taxable_amount * 0.32
+        elif years < 5:
+            tax = taxable_amount * 0.24
+        elif years < 6:
+            tax = taxable_amount * 0.16
+        elif years < 7:
+            tax = taxable_amount * 0.08
+    print(f'Tax: {tax}')
+if __name__ == '__main__':
+    main()
+</code>
+----
+{{tag>M319-LU05}}
+[[https://creativecommons.org/licenses/by-nc-sa/4.0/ch/|{{https://i.creativecommons.org/l/by-nc-sa/4.0/88x31.png}}]] Kevin Maurizi, Marcel Suter