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Cala
Lv 7

the threshold for inheritance tax was increased in the 2006 budget - what is the figure now?

4 Answers

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  • 2 decades ago
    Favorite Answer

    You'll find all the rates at www.hmrc.gov.uk

  • 2 decades ago

    The nil rate bands announced in the Finance Bill 2006 are:

    Year Nil Rate Band

    2006/7 £285,000

    2007/8 £300,000

    2008/9 £312,000

    2009/10 £325,000

    Source(s): Finance bill 2006
  • 2 decades ago

    Just type in inheritance tax, and you will go to the government pages, it's a minefield, I have just recieved a inheritance, and my argument is, it was shared between me and 2 sisters, sepratley we do not hit the £275.000 but together we do, and it's the total they go on.....

  • 2 decades ago

    You will find that it is probably still £275,000. The increase in the Budget is spread over the next three years to £375,000. (Part may have come in this year)...............

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