Watch our educational webinar recorded on 17 May.

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.

We know this can prove a complex subject, where each client may have a unique situation, so if you have any questions or would like to see further case studies please contact us on 020 7391 4747 or questions@time-investments.com.

How the Residence Nil Rate Band could impact your clients from TIME Investments on Vimeo.

 

IHT Calculator

As mentioned in the webinar, you may also find it useful to use www.IHTcalculator.com to find out the approximate IHT liability on your client’s estate. This calculator factors in property, investments and cash value, along with the number of Nil Rate Bands and Taper Threshold, so can prove useful when comparing IHT strategies.

 

Posted: 18/05/2017 Categories: Events, Inheritance Tax, News, TIME:Advance, TIME:AIM

Terms and Conditions

TIME does not accept direct investment. If you wish to invest in one of our solutions you will need to take advice from an authorised financial adviser. Nothing within this website is intended to constitute investment, tax or legal advice. Our solutions place your capital at risk and you may not get back the full amount invested. Tax treatment may be subject to change and depends on the individual circumstances of each investor. The availability of tax reliefs also depends on the investee companies maintaining their qualifying status. Neither past performance or forecasts are reliable indicators of future results and should not be relied upon. Unquoted or smaller company shares are likely to have higher volatility and liquidity risks than other types of shares quoted on the Main Market of the London Stock Exchange.