Property & IHT · 🇬🇧 United Kingdom
Nil-Rate Band
The slice of an estate (325,000 pounds) that's free of Inheritance Tax. Anything above it (after other reliefs) is generally taxed at 40%.
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← Back to the glossaryThe slice of an estate (325,000 pounds) that's free of Inheritance Tax. Anything above it (after other reliefs) is generally taxed at 40%.