Daily Express: Inheritance tax bill ‘implications’ after Rishi Sunak’s Spring Statement changes
Although it was not expressly mentioned in yesterday’s statement, experts warn “there are implications” for inheritance tax (IHT) based on the changes made. Both the nil rate band and residence nil rate band IHT thresholds have been frozen until 2026.
Currently an IHT bill is 40 percent of one’s estate that is above the necessary thresholds and can include gifts made up to seven years before they died.
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