Residence Nil Rate Band (RNRB).
A new tax-free allowance was announced in the Summer Budget 2015 (the Residence Nil Rate Band) that will take effect on or after 6th April 2017. Downsizing provisions have yet to be finalised.
There are a lot of myths and misconceptions surrounding this new allowance - please call or view our website pages (not yet updated) for further information - including:
You may not get the full allowance (or double the allowance) if:
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As is common with many businesses our range of services has evolved to meet the ever increasing Estate Planning needs of our clients. Whilst we focus on drafting top-quality Wills, Trusts, Lasting Powers of Attorney and Business Succession Planning that meet your exact requirements we are also able to offer a wide range of associated products and services:
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