Residence nil-rate band

On the 6 April 2015 the residence nil-rate band was introduced. This is an additional threshold for inheritance tax (IHT) planning above the current IHT threshold.
Tax rateResidence nil-rate band increase
2020/2021 £175,000
2019/2020 £150,000
2018/2019 £125,000
2017/2018 £100,000





Last updated: 27 Mar 2019

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The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.