Main Residence Nil Rate Band A change in the law around Inheritance Tax (IHT) is a timely reminder to people – and their professional advisers – about the importance of reviewing their affairs regularly says Rachel Adetitun of Ashton Grace. Inheritance Tax is always a tricky issue and now people...
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Tag Archives: iht 2016
Budget 2016: Inheritance Tax
Posted in: News | , by AshtonGrace
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With substantial changes planned in the rates paid for Income and Capital Gains Tax, it was unsurprising there were no major new announcements concerning Inheritance Tax (IHT). The Government instead reconfirmed its commitment to the new Residence Nil Rate Band (RNRB) introduced in the summer 2015 Budget: An extra £175,000...
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