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Inheritance Tax Changes Update


By Clare Finn This time last year we looked at Inheritance tax and discussed plans for the Residential Nil Rate Band (RNRB), an additional allowance to add to an individual‘s current Nil Rate Band (NRB) of £325,000, which will be available from 6 April 2017. Additional Allowance The additional allowance starts at £100,000 in April

What’s become of the new Inheritance Tax promised changes?


  So has the promised Conservative Party pledge in 2007 to make family homes, worth up to £1m, exempt from Inheritance Tax (IHT) come into fruition or was it simply a manifesto ploy to win votes? The answer to this question isn’t straight-forward and there has been some movement on this pledge. After forming a