How moving house could affect your Inheritance Tax Liability
A major change to Inheritance Tax (IHT) is being phased in from 6 April 2017. The additional Inheritance Tax Residence Nil Rate Band (RNRB) starts being phased in to enable individuals to pass on their family home to direct descendants. The additional nil rate band starts at £100,000 and rises to £175,000 for deaths after 6 April 2020.