The UK's New Residential Nil Rate Band: Are You Affected?
The Expat|August 2017

The UK's New Residential Nil Rate Band: Are You Affected?

The UK's New Residential Nil Rate Band: Are You Affected?

AS OF 6TH APRIL 2017, homeowners in the UK with estates below £2m will be able to transfer their primary residence to family members with a huge reduction in inheritance tax.

This is thanks to the newly introduced Residence Nil Rate Band (RNRB) that applies to estates where a home, or share of one, is left to direct descendants of the deceased when their estate is valued at under £2m (rising to £2.35m in 2021/22). Direct descendants include stepchildren as well as children (including step, foster, and adopted children) and grandchildren but not siblings, nephews, or nieces.

هذه القصة مأخوذة من طبعة August 2017 من The Expat.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة August 2017 من The Expat.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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