Residence Nil Rate Bands

Morrish SolicitorsElderly ClientLeave a Comment

It seems that Residence Nil Rate Bands are here to stay. Complicated as they are, they provide for an increase in the Nil Rate Band against Inheritance Tax (IHT) for people who have had a property in which they have resided and who leave it to their “direct descendants”. Putting it simply, the Nil Rate Band is a tax free … Read More