Inheritance Tax
The question
To ask the Chancellor of the Exchequer, if she will take steps to increase Inheritance Tax thresholds.
Answered by James Murray
The previous Government fixed the nil-rate band and residence nil-rate band at their current levels until the end of 2027-28.
This Government set out its plans for inheritance tax thresholds at Autumn Budget 2024 by fixing the nil-rate band and residence nil-rate band at their current levels for a further two years in 2028-29 and 2029-30. This is included in Finance Act 2025.
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