![Screenshot 2022 08 23 115354](/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMjBRS2c9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--3339e22390292c277f2e3e3781efaab49495af67/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2QzNKbGMybDZaVWtpRGpFd01EQjROakF3UGdZN0JsUT0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--1533bc691ffb34aece046c58e82bcf9e58c865f8/Screenshot%202022-08-23%20115354.jpg)
The nil band rate for Inheritance Tax (IHT) continues to lag behind inflation.
Since 2009, the tariff has been locked at £325,000 and will stay so until 2026.
Historically, IHT is a tax on the wealthy, but that is no longer the case. Read more here: https://bit.ly/3oVpeld
#IHT#InheritanceTax#Wills#Tax