Residence Nil Rate Band

arongunningham

Does one inherit their spouses RNRB as a percentage (like the normal NRB) or the amount available to them in the year they died?

kpin

Hello, it's the percentage. This is useful https://www.zurichintermediary.co.uk/en-gb/have-you-talked-about/articles/2018/03/the-devil-in-the-detail-rnrb

Thanks.

arongunningham

Great, thanks.

I was sure it was that, but I don't think I've every actually seen it written down anywhere

kpin

Haha, no it was actually quite hard to find it in writing. :-)

DanAtkinsonUK

If you are looking for confirmation straight from the horse's mouth look here:

https://www.gov.uk/guidance/inheritance-tax-transfer-of-threshold