Residents nil rate band

kanrent · Postby **kanrent** » Thu Mar 28, 2019 6:55 am

Can anyone tell me what this means /referring to
(residents nil rate band)

darthblingbling · Postby **darthblingbling** » Thu Mar 28, 2019 9:45 am

Additional nil rate band if you pass on your home in your death estate

kanrent · Postby **kanrent** » Fri Mar 29, 2019 4:32 am

Does that still apply if my house is rented out but was my home orihanly

kanrent · Postby **kanrent** » Fri Mar 29, 2019 4:34 am

Originally my main residence but now rented out

Jholm · Postby **Jholm** » Fri Mar 29, 2019 12:29 pm

Yes, but it only applies when transferring the property to a 'lineal descendant' (eg. child/grandchild). It also only applies on death.