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January 2020

Inheritance Tax Change Q&A

By | Changes in UK Law, Legal Advice, Private Legal Services | No Comments

Inheritance tax changes now offer the ability to shelter up to £1million Two years ago the government introduced a major inheritance tax change, the  Residence Nil-Rate Band (RNRB) on top of the basic IHT allowance of £325,000. The main aim of the RNRB is to make it easier for individuals to pass on their family home without incurring inheritance tax. To find out more about the RNRB and how it may be of benefit, we…

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