Tag: #IHTentitlements


No children? No new inheritance tax break as confirmed by the Government

08

Oct 2015

No children? No new inheritance tax break as confirmed by the Government

Conservative party politician David Gauke emphasized the extra ?350,000 ‘family home’ inheritance tax allowance per couple shall not be granted?to those without children. Regardless of the public protests, the government has clarified that those with no children shall not be entitled to the special inheritance tax concession for family homes. This tax concession, known as the ‘family home allowance’ means a married couple?s joint ?650,000...

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