Residence Nil Rate Band (RNRB)

A plain-English guide to who may qualify for RNRB, the £2 million taper, transferable and downsizing allowances, and how Wills, trusts and occupation rights can affect the relief.

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21 min read

£1Million Tax-Free

If someone dies and their estate is worth more than the basic Inheritance Tax threshold, their estate may qualify for the residence nil rate band (RNRB) before any Inheritance Tax is due.

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9 min read