Terry died on 31st March, Calculate his Inheritance Tax using the following.

Terry lived in West London for the whole of his life. He was not married, and has no children. His estate is bequeathed to his nephews and nieces. He has made no gifts during his life. His estate comprised: 1-bedroom flat worth 525,000, Furniture, chattels, and jewellery 25,000, and Investments (not AIM) 100,000.