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Inheritance Tax Nil Rate Band

Tax

The secretary of State for  Health, Jeremy Hunt, announced on 11 February 2013 that the inheritance tax nil rate band would be frozen at £325,000 for a further three years from 2015-16, to meet part of the costs of changes to the funding of social care.  This will mean that the nil rate band will be frozen until at least 5 April 2019.

If you would like advice on inheritance tax please contact our Private Client Department for more information on Eastbourne 01323 727321, Hailsham 01323 841481 or Polegate 01323 487051.