Increasing IHT threshold could save tax for 12,500 families annually
14 November 2023
New analysis from Quilter, the wealth manager and financial adviser, has found that if the government were to raise the inheritance tax threshold to £500,000 and remove the Residence Nil Rate Band (RNRB) at the Autumn Statement this would prevent around 12,500 families paying inheritance tax each year, while it would cost the Treasury...