Posted by Jack Williams | Senior Caseworker
On 19th May 2020
It is hard to believe that back in 2015, the initial IHT guidance for the Residence Nil Rate Band (RNRB) was announced. This provided a gradual increase in the RNRB exemption from 2017 and over the following years. Now with the start of the 2020/21 tax year, we are in the final phase of this increase. So why is this significant?