The new residence nil-rate band (RNRB) is for homes bequeathed to descendants A new inheritance tax (IHT) allowance is being introduced this month, available to people who want topass 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".
There's no dodging death - but inheritance tax relief could save £1m
The Guardian - 1 Apr 2017 08:00
The new residence nil-rate band (RNRB) is for homes bequeathed to descendants A new inheritance tax (IHT) allowance is being introduced this month, available to people who want topass 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".
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