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Where Taxpayers and Advisers Meet

NRB on 1979 death

Sidonie
Posts:6
Joined:Sat Oct 16, 2021 2:06 pm
NRB on 1979 death

Postby Sidonie » Tue Oct 26, 2021 10:18 am

My father died intestate in 1979. There was spousal exemption for my mother of £25,000 and I as remainderman received roughly £3000 from a total estate of roughly £33,00. There was no tax to pay at the time. My mother died this year. Can any NRB be claimed with regard to my fathers death. I am the sole beneficiary.

pawncob
Posts:5090
Joined:Wed Aug 06, 2008 4:06 pm
Location:West Sussex

Re: NRB on 1979 death

Postby pawncob » Tue Oct 26, 2021 10:27 am

https://www.gov.uk/hmrc-internal-manuals/inheritance-tax-manual/ihtm43001
With a pinch of salt take what I say, but don't exceed your RDA

maths
Posts:8507
Joined:Wed Aug 06, 2008 3:25 pm

Re: NRB on 1979 death

Postby maths » Tue Oct 26, 2021 9:10 pm

In 1979 there was I believe a nil rate band of 25k. It would seem there is some possible transfer.


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