Property News · April 1, 2017

There’s no dodging death – but inheritance tax relief could save £1m


The new residence nil-rate band (RNRB) is for homes bequeathed to descendantsA new inheritance tax (IHT) allowance is being introduced this month, available to people who want to pass on their home to family members.Some experts have described the allowance as a boost to those who have seen their properties rise in value, but warned that people need to watch out for the “sibling tax trap”. Continue reading…

Source : theguardian.com
Read more…There’s no dodging death – but inheritance tax relief could save £1m