We have provided two quick reference guides to explain the Residence Nil Rate Band.
Quick reference guide 1 – Main provisions (overview)
This guide will provide you with the information you require to advise clients on the Residence Nil Rate Band available where property is left on death to descendants.
Quick reference guide 2 – Downsizing provisions
This guide will provide you with the information you require to advise clients on the availability of the Residence Nil Rate Band where property has been sold/given away.
Additional Technical Support
If you have a question that was not covered online, our expert team would be pleased to help. Simply click the button below, fill in the form and our technical team will aim to be in touch within 48 hours, between 8.30am-4.30pm, Monday-Friday. Or call the team on 02380 726010.
The information provided in this article is not intended to offer advice.
It is based on Quilter's interpretation of the relevant law and is correct at the date shown. While we believe this interpretation to be correct, we cannot guarantee it. Quilter cannot accept any responsibility for any action taken or refrained from being taken as a result of the information contained in this article.