Calls for UK residence nil rate band removal despite IHT take dropping 12%

clock • 2 min read

The removal of the UK residence nil rate band has been called for by an industry expert, as HMRC announced its latest statistics. April's figures highlighted that tax receipts were down 12% from the previous month, but despite the drop they remain high generally - a point that Rachael Griffin tax and financial planning expert at Quilter, believes should bring about changes to the UK residence nil rate band.  Griffin, pictured left, said that generally inheritance tax take per month is s...

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