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Transfer of IHT NIL rate band to spouse

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Transfer of IHT NIL rate band to spouse

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  • August 28, 2017 at 12:01 pm #403899
    yceng1
    Member
    • Topics: 10
    • Replies: 7
    • ☆

    Dear Tax Tutor,

    Can spouse transfer any IHT unused NIL rate band between each other after one died?

    If yes, is there any expiry limit for the unused NIL rate band?

    Thanks.

    August 28, 2017 at 3:06 pm #403921
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    When the second spouse dies a claim is then made by the executors to utilise any unused nil rate band of the first spouse – that is the point at which it expires!

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