Residence Nil Rate Band

Inheritance tax – Residence Nil Rate Band

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HMRC - inheritance tax -residence nil rate band

The HMRC recently released data revealing that in 2018-19, it was a record year for inheritance IHT - Residence Nil Rate Bandtax receipts with a total of nearly £5.4 billion. This is an increase of £2 billion in 2017 -18. One of the factors driving this increase is the rise in the asset values, and in particular residential property. The inheritance tax nil rate band (NRB) has

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