FTAdviser provided further coverage of the Residence Nil Rate Band and how it could impact your clients.
“The introduction of the Residence Nil Rate Band (RNRB) on the 6 April 2017 is undoubtedly the most significant change we have seen to Inheritance Tax (IHT) legislation for almost a decade.
Many financial planners are only now getting to grips with the legislation and are considering how the RNRB will impact upon individual estates and IHT planning strategies. This article specifically considers how the RNRB impacts and interacts with the use of Business Property Relief (BPR) based IHT planning – which can reduce an investor’s IHT liability in just two years.”
If you would like further training on the Residence Nil Rate Band, you can join us on 17 May at 10:30am for our latest educational webinar which will be delivered through a number of case studies to help illustrate how different clients may be impacted by the legislative change.
If you have any questions about this webinar, or would like in house training on the RNRB, please contact us on 020 7391 4747 or email firstname.lastname@example.org.