Just a question i wanted answering for my knowledge
Suppose say father makes a part gift of our house valued 800k to me which we live in, and 4 years later he passed away. This is a failed pet and we will be taxed for iht from his nil rate band at 325k accordingly on the failed pet.
But can he use my mothers TNRB and both the RNRB? Or is it only his NRB that will be available on a failed pet if he was to pass?
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