⚡ Statutory HMRC Inheritance Tax Rules (2025/2026):
• Nil-Rate Band (NRB): £325,000 per person (£650,000 for married couples).
• Residence Nil-Rate Band (RNRB): £175,000 for main home left to direct descendants (£350,000 for couples).
• Total Allowance: Up to £500,000 per individual or £1,000,000 for married couples.
• 10-Year Residence Test (6 April 2025): Worldwide assets subject to 40% IHT if UK tax resident for 10 out of last 20 tax years.
Estate Tax & Allowance Evaluator
GOV.UK VerifiedOfficial UK Government References & Legal Sources
- • GOV.UK Inheritance Tax Rates & Thresholds: gov.uk/inheritance-tax
- • HMRC Technical Guidance on Residence-Based IHT Regime: gov.uk/non-dom-iht-changes
IHT Allowances 2025/2026
Standard Nil-Rate Band£325,000
Residence Nil-Rate Band£175,000
Married Couple Total£1,000,000
Standard Tax Rate40%