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
