Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>

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

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • 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!

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.