We consider how property ownership can reduce your Inheritance Tax bill. The Residence Nil Rate Band In addition to the Nil Rate Band of £325,000, there is also a property allowance available which can allow a greater portion of your estate to be taxed at 0%, the ‘Nil Rate’. The...
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How to Avoid Inheritance Tax
Posted in: News | , by AshtonGrace
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It’s estimated the government’s decision to freeze the Inheritance Tax threshold for another 6 years means that a million more families will be caught by the tax. Currently the Inheritance Tax threshold is £325,000 for individuals and up to £650,000 for married couples or civil partners. HOW DOES INHERITANCE TAX...
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