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Inheritance Tax Update
🚨 Inheritance Tax is quietly pulling more families into the net. New analysis shows that if IHT thresholds had kept pace with inflation, families could have had an extra £270,000 tax-free allowance by the 2027/28 tax year. 📊 Instead of today’s frozen limits: • £325,000 nil rate band could have been £537,000 • £175,000 residence nil rate band could have been £233,000 That’s a combined potential allowance of £770,000 before inheritance tax applies. But thresholds are frozen u
simplylpasomerset
Jun 81 min read
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