Residential Nil Rate Band

Residential Property Nil Rate Band: Reduced Inheritance Tax For Homeowners. The Residential Property Nil Rate Band potentially adds £175,000 to the current £325,000 IHT-free allowance on the death of a homeowner after April 6th 2020.  For a couple, that means that the Conservative promise of a £1m Inheritance Tax-free amount has been met – for …

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