
August 2015 – “It’s not fair and we will act” – The new Inheritance Tax allowance for residential property
One of the things in George Osborne’s Summer Budget speech which attracted a lot of attention was the announcement of the phasing in of a new Inheritance Tax (“IHT”) allowance of £175,000 (to be added on to an individual’s existing … More
Posted in Bullet Point Update
Tagged Archive, Inheritance, Inheritance Tax, Nil Rate Band, Transferable Nil Rate Band