Inheritance tax: residence nil rate band | Practical Law

Inheritance tax: residence nil rate band | Practical Law

A practice note setting out the main elements of the inheritance tax residence nil rate band introduced in Finance (No 2) Act 2015. It also includes commentary on the downsizing provisions included in Finance Act 2016. It has worked examples and links flowcharts that explain how the residence nil rate band is calculated.

Inheritance tax: residence nil rate band

Practical Law UK Practice Note 0-620-2129 (Approx. 34 pages)

Inheritance tax: residence nil rate band

MaintainedUnited Kingdom
A practice note setting out the main elements of the inheritance tax residence nil rate band introduced in Finance (No 2) Act 2015. It also includes commentary on the downsizing provisions included in Finance Act 2016. It has worked examples and links flowcharts that explain how the residence nil rate band is calculated.