The Inheritance Tax residence nil-rate band (RNRB) lets couples pass £1 million in property to descendants tax-free. Claim unused RNRB from HMRC when the second spouse passes, with some gradual reduction for estates valued over £2 million.
Important Note on Inheritance Tax: Transfer Unused Residence Nil-Rate Tax Band
maramauro1984 September 1, 2023Software
finances
https://www.copiawealthandtax.co.uk/news/extended-deadlines-and-a-useful-inheritance-tax-reminder/