Transfer of IHT NIL rate band to spouse

This topic has 1 reply, 2 voices, and was last updated 8 years ago by Tax Tutor.

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: 3960
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.